Examlex
Table 18-1
Based on data in the accompanying table, which primate has the most recent common ancestor with humans?
Leasehold Estate
The creation of an ownership interest in the tenant. An interest in real estate that is held under a lease. Also called tenancy.
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.
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