A life estate that is measured by the life of a third party is referred to as ________.
A) estate pour autre vie
B) servient estate
C) community property
D) future interest

Question

Quizplus · Accepted Answer

A life estate that is measured by the life of a third party is referred to as estate pour autre vie. This means that the life estate is not based on the life of the person who owns the property or the person who will receive the property after the life estate ends. Rather, it is based on the life of a third party. This type of life estate can be created by specific language in a will or other legal document.

A Life Estate That Is Measured by the Life of a Third