Examlex
Granite is a type of rock that forms deep underground from magma that cools very slowly.What type of rock is granite?
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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