Inter Vivos

Definition of "Inter vivos"

Transactions taking place between individuals who are alive rather than when one of the parties is either dead (e.g., estate) or is contemplating death. For example, a deed may transfer ownership in land while the people are living. Another example is an inter vivos trust set up by the mother for the daughter's benefit.

Search Real Estate Glossary

Related Real Estate Glossary terms

Related Real Estate FAQ