a pur autre vie life estate
People also ask
What is pur autre vie?
What is Pur Autre Vie? Pur autre vie is a term used in property law to indicate the duration of a specific form of life estate created when a life estate holder transfers his or her interest to another person.
When does a life estate pur autre vie follow a fee simple?
Person A who conveys property to person B for as long as person C lives conveys a life estate pur autre vie in B. As a life estate pur autre vie is a lesser interest than a fee simple absolute, it is followed by either a remainder in some party or a reversion in the grantor.
What is living life estate?
life estate pur autre vie(Noun) An estate in land which is given by a grantor to a party only for the duration of the life of a third party, and for which ownership will revert to another upon the death of that third party.
Can a life estate be reversion?
However, a life estate is certain to end. Thus, it is simply called a reversion. If the property is to pass to a third party, then the third party interest is called a ?remainder ? (It is not a reversion because the third party never had it in the first place, so it cannot 渞evert?to him or her.)