Victor conveyed Greenacre 'to Mia for the life of Henry.' Mia immediately took possession. If Henry dies before Mia, what happens to Mia's estate at Henry's death?
Correct Answer
D) Mia's estate ends because it is measured by Henry's life, not Mia's
This is a life estate pur autre vie, meaning a life estate measured by the life of another person. Because the measuring life is Henry's, Mia's possessory estate ends when Henry dies, even if Mia is still living.
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Related Topics & Key Terms
Key Terms:
Related Concepts
In a cooperative (co-op), the building is owned by a corporation, and residents purchase shares of stock in the corporation that entitle them to a proprietary lease on a specific unit. Residents are shareholders, not property owners.
Fee simple absolute is the highest and most complete form of property ownership, giving the owner unrestricted rights to use, possess, enjoy, and dispose of the property. It is of unlimited duration and fully inheritable.
Community property is a system where property acquired during a marriage is owned equally by both spouses.
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