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PROPERTY, YESENIA CHAYREZ GRIJALVA LEGAL ENGLISH ACTIVITY 2.5 - Coggle…

- - - - What is it? In which the individual retains possession of the land for the duration of his/ her life.
      - Example: When a parent gives the property of a house to his child during the time of the child, and when he dies, his descendants will have tu return it to the person who owns then the property.
    - - What is it? It is meaured by the life of another person
      - Example: A landowner who wiches to leave property to a charity in her will, but to enjoyy tax savings during her life. She could formally donate the property but retain possession during her own life and specify that she wants someone to be able to remain in the property should he outlive her.
    - - What is it? It is a type of frehold which is inheritable and lasts as long as the owner wants to keep it.
      - Example: Buy a house with a contract