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3 Cards in this Set
- Front
- Back
Pur autre vie |
For the life of another. Provides for inheritance by the life tenant stairs only until the death of the third party |
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Reversionary interest |
The creator of the life estate issues not to name a remainderman. In that case ownership is said to revert to the original owner upon the end of the life estate |
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Remainder interest |
Creator of the life estate May name a remainderman as the person to whom the property will pass when the life estate ends |