Estate Owner - Definition - Law Dictionary Home Dictionary Definition estate-owner

Definition :

Estate owner. Under the Law of Properties Act, 1925, ss. 1(4) and 205(v.), means the owner of a legal estate (q.v.) in land, but an infant is not capable of being an estate owner. Estate owners include the owners of any legal estate such as tenants in fee simple, lessees, mortgagees having a legal estate, trustees for sale, tenants for life, if of full age, including statutory owners and all persons having the powers of a tenant for life under S.L. Act, 1925, s. 20, personal representatives until they have conveyed the legal estate (Re Bridgett and Hayes, 1928 Ch 163), statutory owners (q.v.). See INFANT; LEGAL ESTATE.