Life estates are transferable during the lifetime of the owner.

Name: Life estates are transferable during the lifetime of the owner.
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Life estates can be transferred during the lifetime of the owner, allowing another party to have use and possession of the property for the duration of the original owner's life. However, once the original owner passes away, the life estate terminates and the property ownership typically reverts back to the original grantor or their designated heirs.

Life Estates Are Transferable During the Lifetime of the Owner