determinable life tenancy

65 results for determinable life tenancy

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  • Garner v. Gerrish and the renter's life estate: teaching a new concept of "home.".

    ... students understand the differences among leaseholds for a term of years, the periodic tenancy, and the tenancy at will. The landlord in Garner, Robert Donovan, drafted a lease on a pre-printed ... only the tenant had the right to terminate, the landlord in effect gave the tenant a determinable life estate. (9) . How then, have scholars viewed the opinion? David M. Becker argued that the ...

  • Recognizing the shared ownership of subsurface resource pools.

    ... determining whether extraction of oil and gas by trustees, life estate holders, and general lessees amounts to waste of the ... refers to common ownership of a common reservoir, not tenancy in common, but it is equally clear that the ownership of ... pose fewer problems for courts because they are in a determinable space and will at some point be exhausted. Some injuries from the ...

  • Estate

    ... kinds of freehold estates: a fee simple, a fee tail, and a life estate. Fee Simple Absolute A fee simple absolute is the most ...Fee Simple Determinable A fee simple determinable, which is also referred to as a base ... are an estate for years, an estate from year to year, a tenancy at will, and a tenancy at sufferance. Estate for Years The most ...

  • 141 T.C. 258 (T.C. 2013), 23865-11, Steinberg v. Commissioner of Internal Revenue

    ... the disparity of treatment between the tax­ation of lifetime transfers and transfers at death. See H.R. Rept. . No. ... exposure to § 2035 estate taxes was sufficiently determinable as of the date of the gifts to be taken into account.'' Id. at ...The mother set up a similar trust, giving herself a life tenancy in the trust prop­erty and giving her daughter a secondary life ...

  • Spodek v. United States Postal Service, 011014 FED5, 12-11025

    ... four of the six five-year options, thus continuing their tenancy of the building through June 30, 2010. 2.8 An inspection of the ... with the same subject matter in some respects is not determinable of the issue. In the first instance the lighting system was a ... the obligation of an implied warranty and then limit the life of the warranty to the period of construction. It is an implied ...

  • Steinberg v. Commissioner of Internal Revenue, 093013 FEDTAX, 23865-11

    ... the disparity of treatment between the taxation of lifetime transfers and transfers at death. See H.R. Rept. No. 94-1380, ... exposure to § 2035 estate taxes was sufficiently determinable as of the date of the gifts to be taken into account." Id. at ...The mother set up a similar trust, giving herself a life tenancy in the trust property and giving her daughter a secondary life ...

  • Teaching property - a conceptual approach.

    ...I happened to mention that a joint tenancy might be severed by a conveyance by one of the joint tenants, ... of conveyance--a mortgage, a lease, or a conveyance of a life estate. A little research will disclose what light can be shed on ... Park and Golf course" created a valid fee simple determinable, which was extinguished by a subsequent eminent domain action by ...

  • Of property and federalism.

    ...Cotenancies 1. Tenancy by the Entirety 2. Joint Tenancies 3. Community Property 4. The ... of present possessory estates in land: fee simple, fee tail, life estate, and leasehold. (12) Any attempt to create a new type of ... forms, or as defeasible estates, such as life estate determinable or fee simple subject to condition subsequent. See Thomas W. ...

  • Endangered and Threatened Wildlife and Plants; Two Foreign Macaw Species

    We, the U.S. Fish and Wildlife Service (Service), are listing the military macaw (Ara militaris) and the great green macaw (Ara ambiguus) as endangered under the Endangered Species Act of 1973, as amended (ESA). These species are both endemic to Central and South America. Despite conservation efforts, these species' populations are in decline, primarily due to habitat loss, fragmentation, and...

    ...These two species are separated geographically. Habitat and Life History. Military macaws nest in tree cavities and cliffs. ... necessarily easy to determine (nor is it necessarily determinable) which potential threat is the operational threat. However, we ... because, in many cases, forest tenure (ownership, tenancy, and other arrangements for the use of forests) is unclear. ...

  • Optimal standardization in the law of property: The numerus clausus principle.

    ... forms are the fee simple, the defeasible fee simple, the life estate, and the lease. When parties wish to transfer property in ... to four recognized types: the term of years, the periodic tenancy, the tenancy at will, and the tenancy at sufferance.(25) Suppose ... of the war" by entering into a long-term lease determinable if the war ends.(133) The fact that the numerus clausus is in ...

  • Chartering and Field of Membership Manual

    The NCUA Board proposes to comprehensively amend its chartering and field of membership rules to put them in a more efficient framework and to maximize access to federal credit union services to the extent permitted by law. The amendments will implement changes in policy affecting: The definition of a local community, a rural district, and an underserved area; the expansion of multiple common...

    ... who work regularly at the park during their employer's tenancy would be eligible for FCU membership. New tenants to the ... in economic development and/or improving quality of life. Success of agency in meeting its mission depends upon ... advisability of granting a charter is more readily determinable than in the case of an initial charter applicant. A ...

  • 71 F.3d 1496 (10th Cir. 1995), 94-1330, United States v. Gibbons

    ... the conditional right to live on the property during her life, David and Betty continued to own the property as joint tenants. ... in Denver, Colorado (Ogden Street property) "in joint tenancy." Appellant's App. 10, 40. They were divorced in January 1982. ... this estate would be characterized as a life estate determinable. See Restatement of Property Sec. 23, illus. 1. Whether Betty's ...

  • 910 F.2d 343 (6th Cir. 1990), 88-2238, In re U.S. v. Certain Real Property Located at 2525 Leroy Lane

    ... of an innocent spouse in real property held as a tenancy by the entirety under Michigan law.         On February ... in the property using the economic equivalents for a life estate. Id., 461 U.S. at 692-700, 103 S.Ct. at 2142-46. However, ... nature of the parties' rights would be more readily determinable if the real property here had not been sold. Mrs. Marks would be ...

  • Reverse piercing: a single member LLC paradox.

    ..., it lacked the corporate characteristics of continuity of life and free transferability of interests. Specifically, a Wyoming ...(78) However, the statutory incidents of that tenancy are minimal. While a partner has an equal right with other ... (244) such that the collateral is objectively determinable. (245) Overly broad and super generic descriptions such as "all ...

  • Endangered and Threatened Wildlife and Plants; Two Foreign Macaw Species

    We, the U.S. Fish and Wildlife Service (Service), propose to list as endangered the military macaw (Ara militaris) and the great green macaw (Ara ambiguus) under the Endangered Species Act of 1973, as amended (ESA). We are taking this action in response to a petition to list these parrot species as endangered or threatened under the ESA. This document also serves as the completion of the status...

    ...These two species are separated geographically. Habitat and Life History. Military macaws nest both in tree cavities and ... necessarily easy to determine (nor is it necessarily determinable) which potential threat is the operational threat. However, we ... because in many cases, forest tenure (ownership, tenancy, and other arrangements for the use of forests) is unclear. ...

  • 89 T.C. 550 (1987), 11774-85, Estate of Dancy v. C.I.R.

    ... .           Where a joint tenancy is created before January 1, 1977, a disclaimer or renunciation ... of survivorship may be described as a fee simple determinable, at least in North Carolina. See Webster's Real Estate Law in ...          (5) Beneficiary of a life insurance policy who did not possess the incidents of ownership ...

  • 313 F.2d 560 (D.C. Cir. 1962), 16266, Maynard v. Sutherland

    ... next contended that Laura had 'severed' the joint tenancy because on May 19, 1938 she had executed a deed of trust for the ... thereof, ' had specifically agreed only that Laura's life interest in the property was to be subject to a lien in favor of ... be construed and held to be a qualified fee simple, determinable upon the release of the * * * deed of trust, as hereinafter ...

  • 166 F.2d 258 (9th Cir. 1948), 11689, Western Union Telegraph Co. v. Hansen & Rowland Corp.

    ... and surrender' the premises 'at the expiration of your tenancy on the first day of November, 1946'.          On ...'A tenant of real property for a term less than life is guilty of unlawful detainer either, -.          '(1) ... were trespassers and liable for general damages not determinable by the rate theretofore paid as rent, but by the market rental ...

  • 26 CFR 1.103-8 - Interest on bonds to finance certain exempt facilities
  • 11 T.C. 1 (1948), 11494, T. Rickenberg v. C. I. R.

    ... and his wife dividing their community property into tenancy in common were with intent to escape estate tax and in ...,280, household furniture of the agreed value of $1,500, and life insurance of the agreed value of $53,703.84. ... of the estate and this appeal which are not yet determinable, and as to which the parties seem to be in no disagreement. ...

  • Broadening the holistic mindset: incorporating collateral consequences and reentry into criminal defense lawyering.

    ... return, and their abilities to move onto more productive life experiences. While the holistic lawyering movement has greatly ..., section number, severity level, or other easily determinable means. (93) While these standards are aspirational and not ... the tenant's control, shall be cause for termination of tenancy. See also Gwen Rubinstein & Debbie Mukamal, Welfare and ...

  • 60 T.C. 167 (1973), 5736-71, Hammerstrom v. C.I.R.

    ... of their business assets from community property to tenancy in common. Five days later, under the terms of the property ... business assets before the end of their estimated useful life for investment credit purposes, thereby triggering investment ... conveyed by the vendor to the vendee for a stated or determinable consideration payable in a specific manner. Page Page Page As ...

  • Windfalls.

    ... some (if limited and actuarially unfair) hope of the good life.(18) . Although it is possible to explain lotteries and other ... the grantor the full value of the property for the determinable fee .. giving the grantor any part of the eminent domain award ...Under a formal approach, the marital tenancy has not yet dissolved, the divorce settlement is not yet final, ...

  • Federated Graphics Co.'s, Inc. v. C.I.R., 061692 FEDTAX, 5336-89

    ...Pursuant to that agreement, Carolyn Stasenko, for her life, was to enjoy the income from the trust assets. On her death, the ...During the first year of his tenancy, Couri rarely was in the office and had little contact with ... a valid and enforceable obligation to pay a fixed or determinable sum of money. Id . It must clearly be shown that the intention ...

  • Part II

    ... does not result from his or her own service) is determinable in the same manner as in the case of any veteran, and any ... principal reduction not less often than annually during the life of the loan. The final installment on any loan shall not be in ... to a new tenant, nor extend the term of an existing tenancy on other than a month-to-month basis. (4) The notice shall ...