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What Is a Gateway? What Is a Typical Function of a Gateway

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What is a gateway? What is a typical function of a gateway?


Definitions:

Life Estate

A property interest held during the lifetime of a specific individual, after which it passes to another designated party.

Grantor

A grantor is an individual or entity that transfers ownership of property.

Designated

Appointed or chosen for a specific purpose or position; marked for a specific role or use.

Statute

A law enacted by a legislative body.

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