Life estates are another way of describing landlord and tenant relationships.

Name: Life estates are another way of describing landlord and tenant relationships.
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Life estates refer to a legal estate in which the tenant has the right to use and enjoy a property during their lifetime, but ownership remains with the landlord or another designated party. It is not the same as a landlord and tenant relationship, which involves a lease agreement and typically a shorter term of occupancy.

Life Estates Are Another Way of Describing Landlord and Tenant