The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

TERMINABLE PROPERTY Definition & Legal Meaning

Definition & Citations:

This name is sometimes given to property of such a nature that its duration is not perpetual or indefinite, but is limited or liable to terminate upon the happening of an event or the expiration of a fixed term; e. g., a leasehold, a life-annuity, etc.


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