Examlex
A ________ calls for consumers to submit an entry to be judged by a panel that will select the best entries.
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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