/laɪf ˈɛsteɪt/ – Phrase
Definition: quyền suốt đời đối với bất động sản.
A more thorough explanation: A life estate is a type of ownership interest in real property that grants an individual the right to use and enjoy the property for the duration of their life. Upon the individual’s death, the property typically reverts back to the original owner or passes to another designated party.
Example: Upon his death, the property will pass to his daughter with a life estate, allowing her to reside in the home for the duration of her lifetime.