Estate for Years

In real estate law, an Estate for Years is a leasehold interest that lasts for a specific, definite period of time. The term of the estate is clearly defined by a beginning and ending date, and it does not require notice to terminate because it automatically ends when...

Estate for Life

In real estate law, an Estate for Life, also known as a life estate, is an interest in real property that lasts for the lifetime of a specified person. The person holding the life estate, called the life tenant, has the right to possess and use the property during...

Estate at Will

In real estate law, an Estate at Will is a tenancy in which a tenant occupies property for an indefinite period with the consent of the owner. The tenancy does not have a fixed term and continues only as long as both the landlord and the tenant desire. An estate at...

Estate at Sufferance

In real estate law, an Estate at Sufferance arises when a tenant remains in possession of a property after the expiration of a lawful tenancy without the landlord’s consent. The tenant originally entered the property legally but becomes a wrongful occupant by holding...

Estate

In real estate, an Estate refers to the type, extent, or nature of the interest that a person holds in real property. It describes the rights of possession, use, and control associated with ownership, rather than the physical land itself. Estates are commonly...

Escrow Instructions

In real estate transactions, Escrow Instructions are written directions signed by both the buyer and the seller that authorize the escrow agent to carry out the steps required to complete the transfer of real property. These instructions outline the conditions that...