Commercial Law Simplified Being a Simple And Concise Presentation of the Subjec
Commercial Law Simplified Being a Simple And Concise Presentation of the Subjec
Charles Simmons
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What is dower? When the husband dies the wife is entitled to one-third in- terest in all his real estate. This interest of the widow is called dower. C. P. A. , N. Y. 1900. 1298. What is an estate by curtesy? An estate by curtesy is a life interest which the husband has in the lands of the wife in case she dies without leaving children. Estates by curtesy have been abolished in some states and in others have been modified so that the husband has a life interest only in lands which the wife has ...not disposed of by will or otherwise. 1299. What is a homestead? A homestead is a life estate which the law gives to a family so as to protect the family home against creditors and this es- tate continues during the lifetime of the family or until they cease using it as a home. 1300. What is an estate for years ? An estate for years is an interest in land which continues for a definite time, even though the time be less than a year. A lease of lands creates an estate for years. An estate for years is a lesser estate than a life estate.
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