Estates granted in return for services, generally of a military kind. 1 Steph. Comm. 174. … [Read more...]
Search Results for: Estate
SERVIENT ESTATE
See also servient tenement. Land rights subject to an easement. … [Read more...]
SEPARATE ESTATE
That which belongs to one only of several persons; as, the separate estate of a partner, which does not belong to the partnership. . 2. The separate estate of a married woman, is that which belongs to her, and over which her husband has no right in equity. It may consist of lands or chattels. … [Read more...]
RESIDUARY ESTATE
Referring to property that still remains in the estate of the deceased after all the fees and taxes have been made and the and specific bequests and distributions made. The residuary estate includes any gifts or bequests that fail or lapse. For example, if a car is left to John and the remainder of the estate to Jill, and John dies prior to the deceased without an alternate for … [Read more...]
REAL ESTATE
Land and the property permanently attached to it, such as buildings, houses, stationary mobile homes, fences and trees. In legalese, real estate is also called real property. … [Read more...]