A life estate terminates upon the:
Correct Answer
B) Death of the measuring life
A life estate terminates upon the death of the measuring life — the person whose lifespan determines the duration of the estate. Typically, the measuring life is the life tenant themselves, but it may also be another named individual, known as a life estate pur autre vie (for the life of another). The life tenant may sell or transfer their interest, but the new holder's rights still end when the measuring life dies. Upon termination, the property passes to the remainderman or reverts to the grantor.
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Related Topics & Key Terms
Related Topics:
Key Terms:
Related Concepts
Riparian rights concern properties bordering flowing bodies of water (rivers, streams), while littoral rights concern properties bordering non-flowing bodies of water (lakes, oceans).
The bundle of rights describes the rights associated with property ownership, allowing owners to use, control, enjoy, exclude others from, and dispose of the property.
Community property is a form of ownership recognized in certain states where property acquired during marriage is considered equally owned by both spouses, regardless of who earned the money or whose name is on the title.
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