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Property OwnershipLife EstateEASY

A life estate measured by the life of the grantee terminates upon:

Correct Answer

B) The death of the measuring life (the grantee)

A life estate is a freehold estate that lasts only for the duration of a specified person's life, known as the measuring life. When the life estate is measured by the grantee's own life, it terminates automatically upon that person's death. At that point, ownership passes to the remainderman (if a remainder was granted) or reverts to the original grantor (if a reversion was retained). A life tenant may sell or transfer their interest, but the buyer only receives an estate for the remaining duration of the original measuring life.

Answer Options
A
The sale of the property by the life tenant
B
The death of the measuring life (the grantee)
C
The expiration of a 99-year statutory period
D
A formal request by the remainderman to reclaim the property

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Related Topics & Key Terms

Related Topics:

remainderman

Key Terms:

life estate
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