Lease for life definition

Lease for life means a lease that terminates upon the death of the lessee.
Sample 1Sample 2Sample 3
Lease for life or “tenancy for life” means a lease or tenancy that is granted to a lessee or tenant for the duration of his life;
Sample 1Sample 2
Lease for life means a lease that termi- nates upon the death of the lessee.
Sample 1

Examples of Lease for life in a sentence

  • Lease for life" means a lease that termi- nates upon the death of the lessee.

  • Lease for life" means a lease that terminates upon the demise of the lessee.

  • Lease for life" means a lease that termi­ nates upon the demise of the lessee.

  • In a certain sense, what we find is a secularized version of the ascetic ideal of the religious life.

  • Irrevocable trust" means a trust that may not be revoked after its creation by the trustor.(((10))) (14) "Lease for life" means a lease that terminates upon the death of the lessee.(((11))) (15) "Lien" means any interest in property given to se- cure payment of a debt or performance of an obligation, including a deed of trust.

  • Lease for life" means a lease that termi- nates upon the demise of the lessee.

  • Lease for life is not common in India.a) False b) True c) May or may not d) Not relevant180.


More Definitions of Lease for life

Lease for life means a lease that terminates upon
Sample 1

Related to Lease for life

  • Lease Term means the term of this Lease which shall commence on the Commencement Date and continue for the period specified in Section J of the Summary.

  • street furniture ’ means public facilities and structures which are not intended primarily for advertising and includes but is not limited to seating benches, planters, bins, pole mounted bins, bus shelters, sidewalk clocks, drinking fountains, Telkom boxes, traffic signal controllers, electricity boxes, post boxes and telephone booths, but excludes road traffic signs, traffic signals, street lights or any other road-related structures;

  • Modular building manufacturer means a person or corporation who owns or operates a

  • Lessee means a person who acquires the right to possession and use of goods under a lease. Unless the context clearly indicates otherwise, the term includes a sublessee.

  • Renter – shall mean any tenant residing in a Resident’s home pursuant to a valid rental or lease agreement.

  • Residential rental property means property that is used solely as leased or rented property for residential purposes. If the property is a space rental mobile home park, residential rental property includes the rental space that is leased or rented by the owner of that rental space but does not include the mobile home or recreational vehicle that serves as the actual dwelling if the dwelling is owned and occupied by the tenant of the rental space and not by the owner of the rental space.

  • the Tenant means the party(ies) named on the tenancy agreement as the tenant of The Property.

  • Tenant means a person entitled under a rental agreement to occupy a dwelling unit to the exclusion of others.