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818:, either without restrictions (in the case of fee simple), or with restrictions (in the case of fee tail). The estate for years and the life estate are estates not of inheritance; the owner owns nothing after the term of years has passed, and cannot pass on anything to his or her heirs.
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interest is the most complete ownership that one can have of property in the common law system. An estate can be an estate for years, an estate at will, a
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and other estates that are not of inheritance. The fee simple estate and the fee tail estate are estates of inheritance; they pass to the owner's heirs
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estate (to the heirs of one's body) or some more limited kind of heir (e.g. to heirs male of one's body).
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Legal estates and interests are called rights "in rem", and said to be "good against the world".
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Fay, Scott; Hurst, Erik; White, Michele J. (June 2002). "The
Household Bankruptcy Decision".
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Superimposed on the legal estate and interests in land, English courts created "
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Depending on the particular context, the term is also used in reference to an
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is said to have an equitable interest in the property.
780:(a life interest for the life of another person) or a
776:(extinguishing at the death of the holder), an estate
810:Estate in land can also be divided into estates of
49:. Unsourced material may be challenged and removed.
16:Value of a person's assets minus their liabilities
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695:or of a particular kind of property (such as
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109:Learn how and when to remove this message
807:through the use of life contingencies.
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742:countries is similar in this respect.
218:Lost, mislaid, and abandoned property
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47:adding citations to reliable sources
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975:"11 U.S. Code § 522 - Exemptions"
797:i.e. subject to future conditions
787:Fee simple estates may be either
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950:"Chapter 7 - Bankruptcy Basics"
868:Estate tax in the United States
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684:and death of the person. (See
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738:. The legal position in all
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676:of any kind – less all
525:Lateral and subjacent support
916:The American Economic Review
845:is the person who holds the
724:United States bankruptcy law
492:Practicing without a license
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979:Legal Information Institute
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418:Doctrine of worthier title
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549:Conflict of property laws
405:Rule against perpetuities
849:to property, while the
400:Restraint on alienation
427:Nonpossessory interest
736:trustee in bankruptcy
376:Action to quiet title
981:. Cornell Law School
954:United States Courts
746:Legal estate in land
371:Equitable conversion
43:improve this article
831:equitable interests
816:by operation of law
789:fee simple absolute
513:prior appropriation
461:Equitable servitude
706:The equivalent in
543:Quicquid plantatur
351:Deeds registration
193:Adverse possession
162:Community property
1012:Real property law
878:Literary executor
825:Equitable estates
805:actuarial science
710:legal systems is
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985:20 September
983:. Retrieved
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957:. Retrieved
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508:Water rights
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346:Strata title
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323:Conveyancing
304:Condominiums
140:Part of the
125:Property law
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41:Please help
36:verification
33:
1007:Inheritance
851:beneficiary
847:legal title
812:inheritance
774:life estate
697:real estate
686:inheritance
678:liabilities
314:Land tenure
309:Real estate
272:Life estate
180:Acquisition
1001:Categories
902:§ 541
884:References
863:Estate tax
793:defeasible
770:fee simple
740:common law
718:Bankruptcy
682:bankruptcy
658:common law
620:Common law
569:common law
530:Assignment
390:Future use
261:Fee simple
238:Alienation
142:common law
69:newspapers
712:patrimony
708:civil law
666:net worth
554:Blackacre
487:Partition
335:purchaser
333:Bona fide
287:remainder
213:Accession
208:Discovery
99:July 2013
857:See also
782:fee tail
766:allodial
758:land law
674:property
607:Evidence
584:Tort law
536:Nemo dat
518:riparian
477:Fixtures
456:Covenant
451:Usufruct
441:Easement
410:Rule in
366:Mortgage
266:Fee tail
228:Bailment
203:Conquest
936:3083362
843:trustee
597:estates
392:control
381:Escheat
233:License
83:scholar
934:
900:
835:trusts
728:exempt
722:Under
670:assets
662:estate
593:trusts
567:Other
446:Profit
144:series
85:
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932:JSTOR
839:court
660:, an
589:Wills
571:areas
482:Waste
149:Types
90:JSTOR
76:books
987:2017
961:2017
841:. A
618:and
595:and
436:Lien
198:Deed
188:Gift
62:news
924:doi
791:or
768:or
756:In
699:or
688:.)
656:In
616:Law
45:by
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795:(
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