Property Ownership, Transfer of Title & Land Use 12.2.1 Flashcards
1
Q
Pur Autre Vie is
A
When a life estate is created for the life of a person other than the life tenant. The estate is created by the owner by deed and, again, they must plan for future interest.
2
Q
Example of Pur Autre Vie
A
A parent wants to make sure her mentally challenged child is taken care of for the rest of their life, and set up a life estate for his care taker to be able to live in the family estate, as long as the son is alive and being looked after. Once the son dies, the property reverts back to the family estate fee simple absolute
3
Q
Dower refers to what?
A
A life estate interest of a wife in the real property of her deceased husband
4
Q
Curtesy refers to what?
A
The life estate interest of a husband in the real property of his deceased wife.
