The person who receives the benefits from real or personal property during his or her lifetime only. The benefits stop when the person dies. The benefits are rents, income, and possibly the use of the property. The life tenant is not necessarily the "tenant" occupying the property, such as a lessee or renter.
a tenant whose legal right to retain possession of buildings or lands lasts as long as they (or some other person) lives
a special type of beneficiary of a TRUST
The person, often referred to as the income beneficiary, who receives the income from a legal life estate or from a trust fund during his or her own life or that of another person.
The person who receives the income from a legal life estate or from a trust fund during his or her own life or that of another person. Often referred to as the income beneficiary.
A trust beneficiary whose interest consists solely of the use of, and income flow from, the trust funds during his lifetime.
One who holds an estate in lands for the period of his own life or that of another certain person. Black's Law Dictionary - 5th Ed.
Someone who holds an estate for life.
One who owns an estate in real property for his own life or for another person's life or for an indefinite period limited by a lifetime.
A person in possession of a life estate.
One who is allowed to use of real estate during his lifetime or the lifetime of another designated party.
The beneficiary of a life estate.
A person having a life interest in an estate.
One who owns a life estate.
A beneficiary who has an interest in trust property for balance of that beneficiaryâ€(tm)s life (a life interest). For example, the beneficiary may be entitled to live in a house rent-free for life. On the death of the beneficiary, the trust property reverts to the capital beneficiary.
One who has a life estate in real property
With regard to a Life Estate, it is the holder of the estate.
