The usual unit measuring flow rate for irriga-. tion water rights is a cubic foot per second (cfs). This is water flowing through a cross-sectional. area of 1 ft2 at a velocity of 1 foot per second, and. itâs sometimes called a second-foot.
A life estate is a legal arrangement to transfer property automatically upon a personâs death. One person is given an interest in the property for his or her lifetime. This person is called a life tenant (LT). At the death of the life tenant, property will pass automatically to one or more other individuals or organizations. The people or organizations that receive the property at death are called remaindermen.
560 (1924), that a life tenant must pay the taxes.Additionally, a life tenant must maintain the property. This issue has been addressed many times through New Jersey case law, although the cases are somewhat dated. It is settled law in New Jersey that a life tenant is a trustee for the benefit of the remainderman.Trafton v. Bainbridge, 126 N.J. Eq. 448 (1939). As such, the life tenant has the duty to keep the property in as good repair as when the estate began, not excepting ordinary wear and tear.60 (1924), that a life tenant must pay the taxes.Additionally, a life tenant must maintain the property. This issue has been addressed many times through New Jersey case law, although the cases are somewhat dated. It is settled law in New Jersey that a life tenant is a trustee for the benefit of the remainderman.