![]() ![]() ![]() A life estate that is not measured by the life of the holder is known as a life estate pur autre vie (“for the life of another”). A life estate can be measured by any life in existence at the time that the interest is created. Most often, as in the life estate discusses in the last example the “measuring life” will be that of the recipient. ![]() At the death of the holder, the property reverts back to the owner. The holder has the right to possess the property as long as he or she lives. Short Video: Restraints on The Transfer of Real PropertyĪn interest in land that lasts only as long as the life of a specific person.Ī life estate that is measured by any life other than the life of the holder of the life estate.Īny condition accompanying a conveyance that restricts the right of the new property holder to sell or transfer his or her property to a third party is disfavored and will likely be void.Ī life estate is an interest in land whose duration is measured by a human life. ![]()
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