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132. Life Estate, Life Estate Pur Autre Vie Flashcards

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  • Life Estate, Life Estate Pur Autre Vie Flashcards
  • If a person leaves a house to a young lady only for as long as her grandmother lives, what is this estate called?Life estate pur autre vie.Unless it is a lesser estate, what kind of ownership is it?Fee simple absolute.If the previous owner gets the real estate back if the person they have it to doesn't follow the provisions of the gift, what kind of ownership is it?Conditional or qualified.When Sam wills his real estate to Pam until her death, and then to their son, what type of estate does their son have?An estate in remainder.What is the ultimate owner of a life estate called?Remaindermen.What is the highest type of ownership in real estate?Fee simple absolute.

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132. Life Estate, Life Estate Pur Autre Vie Flashcards

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