A life beneficiary is a party entitled to the use of or income from property during their lifetime. Upon their death, the property's benefits typically pass to another individual, often referred to as a remainder person.
A life tenant is an individual who has the right to use and occupy property for the duration of their life or the life of another designated person.
A specification that limits the use or enjoyment of property or rights, often found in real estate dealings, legal documents, and contracts.
The term 'Toll' carries multiple meanings, generally associated with either a legal suspension or fees charged for the use of property or infrastructure.
A usufructuary right enables an individual to use or benefit from property owned by another person temporarily, without altering the ownership of the property.
A zoning ordinance is a regulation enacted by city, county, or other local authorities to specify the types of land uses allowed in specific areas. These ordinances ensure orderly development and separate conflicting land uses.
