Examlex
All of the following are part of fiscal policy EXCEPT
Life Estate
An estate in which the owner owns real property for his or her life or for the life of another.
Reversion Estate
A future interest in property when title is to return to the grantor or grantor’s heirs upon expiration of a life estate.
Tenancy In Common
A form of joint ownership of property where each owner holds a percentage interest that can be sold or inherited independently of the others.
Equal Interests
The concept that parties involved in a transaction, relationship, or matter hold the same degree of importance, value, or rights.
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