CFR > Title 25 > Chapter I > Subchapter H > Part 179 > Subpart C – Life Estates Created Under Aipra
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Terms Used In CFR > Title 25 > Chapter I > Subchapter H > Part 179 > Subpart C - Life Estates Created Under Aipra
- Life estate: A property interest limited in duration to the life of the individual holding the interest (life tenant).
- Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.