North Dakota Code 47-02-33 – Rights of owner of life estate
Current as of: 2023 | Check for updates
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The owner of a life estate may use the land in the same manner as the owner of a fee simple, except that the owner of a life estate must do no act to the injury of the inheritance.
Terms Used In North Dakota Code 47-02-33
- Fee simple: Absolute title to property with no limitations or restrictions regarding the person who may inherit it.
- Life estate: A property interest limited in duration to the life of the individual holding the interest (life tenant).