estate for term of years

estate for term of years
n. An interest in land for a specific and predetermined period of time.

Webster's New World Law Dictionary. . 2000.

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  • estate for a fixed term of years — index leasehold Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • term of years — noun An interest or estate in land for a fixed period • • • Main Entry: ↑term * * * n. see term (sense 2) …   Useful english dictionary

  • estate for years — An estate which must expire at a period certain, fixed in advance. United States v First Nat. Bank (CA5 Ala) 74 F2d 360. An interest arising from an agreement or contract for the possession of lands or tenements for some definite period, such… …   Ballentine's law dictionary

  • estate — es·tate /i stāt/ n [Anglo French estat, literally, state, condition, from Old French, from Latin status, from stare to stand] 1: the interest of a particular degree, nature, quality, or extent that one has in land or other property compare fee;… …   Law dictionary

  • term — n often attrib 1: a specified period of time the policy term 2: the whole period for which an estate is granted; also: the estate itself 3 a: the period in which the powers of a court may be validly exercised b …   Law dictionary

  • Term — Term, n. [F. terme, L. termen, inis, terminus, a boundary limit, end; akin to Gr. ?, ?. See {Thrum} a tuft, and cf. {Terminus}, {Determine}, {Exterminate}.] 1. That which limits the extent of anything; limit; extremity; bound; boundary. [1913… …   The Collaborative International Dictionary of English

  • Term fee — Term Term, n. [F. terme, L. termen, inis, terminus, a boundary limit, end; akin to Gr. ?, ?. See {Thrum} a tuft, and cf. {Terminus}, {Determine}, {Exterminate}.] 1. That which limits the extent of anything; limit; extremity; bound; boundary.… …   The Collaborative International Dictionary of English

  • Life estate — A life estate is a concept used in common law and statutory law to designate the ownership of land for the duration of a person s life. In legal terms it is an estate in real property that ends at death. The owner of a life estate is called a… …   Wikipedia

  • Estate tax in the United States — This article is about Estate tax in the United States. For other countries, see Inheritance tax. Part of a series on Taxation Taxation in the United States …   Wikipedia

  • estate — The degree, quantity, nature, and extent of interest which a person has in real and personal property. An estate in lands, tenements, and hereditaments signifies such interest as the tenant has therein. 2 Bl.Comm. 103. The condition or… …   Black's law dictionary

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