A life estate terminates upon the occurrence of which event?
Correct Answer
B) Death of the measuring life
A life estate is measured by a life — typically the life tenant's own life, but it may also be measured by the life of another person (called a life estate pur autre vie). The estate terminates upon the death of the measuring life, at which point the property either passes to the remainderman (a named third party) or reverts to the original grantor. The life tenant cannot sell, mortgage, or otherwise convey more rights than they hold.
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