Definition of "Curtesy"

Bruce Griffy real estate agent

Written by

Bruce Griffyelite badge icon

LPT Realty LLC

Husband's common law rights to the property his deceased wife owned either during the marriage or at the time of her death. The husband has life estate rights in the deceased wife's property. State laws differ on curtesy rights, and many states have eliminated them entirely. for example, as a result of Thomas'curtesy right, he has a life estate with his late wife's home, but at the time of his death the some devolves to the children from her first marriage.

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Terms

The definition of acoustical materials is a wide range of materials that are used in construction or technology to provide soundproofing. There are different types of acoustic materials ...

Arrears is a legal and financial term used to describe payments in regards to their due dates. While the term is more often used to refer to a contractual obligation or liability that was ...

Real property that is without any obligations, liens, or anything else against it. It is free and clear such as a house without mortgage. ...

Insurance coverage provided for an individual having a lease at a favorable rate, one which is less than the market value of the property. The insurance indemnifies the tenant for business ...

Person who leases rented premises from the initial lessee. The sublease is for a time not exceeding the original lease period. ...

Something that has been built and physically exists at a specified location, such as a building, garage, etc. Something consisting of related parts, such as the organization and terms of ...

A four-unit building with four tenants in a condominium type of ownership and management. ...

The result of an act or a fact. ...

Financial institution that channels the savings of its depositors mostly into mortgage and home improvement loans. It concentrates on originating , servicing, and holding mortgage loans. ...

Popular Real Estate Questions