North Dakota Code 47-02-34 – Life estate – Obligation to maintain property – Waste – Taxes – Other charges and assessments
Current as of: 2023 | Check for updates
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The owner of a life estate must keep the buildings and fences in repair from ordinary waste and must pay the taxes and other annual charges and a just proportion of extraordinary assessments benefiting the whole inheritance.
Terms Used In North Dakota Code 47-02-34
- Life estate: A property interest limited in duration to the life of the individual holding the interest (life tenant).