power appendant
- A power that is linked with a vested interest, such as the granting of a lease, which the recipient can only execute against a piece of real estate that the recipient possesses, as in a life estate. This is alternatively called power appurtenant
- In rural leasehold estates, a power appendant might be issued for the lessee to grant temporary housing rights to seasonal workers.
- The inheritance of the life estate included a power appendant that allowed the inheritor to rent the property to generate income.
- The attorney informed the client that with a life estate, she could exercise her power appendant to lease the property.
Provide Feedback
