Question
Question #4 of 20
Alice gives Betty a life estate. Betty is the life tenant of the property, and the life estate will continue as long as Betty is alive. What kind of life estate is this?
A) Conventional
B) Pur autre vie
C) Fee simple
D) Defeasible
Alice gives Betty a life estate. Betty is the life tenant of the property, and the life estate will continue as long as Betty is alive. What kind of life estate is this?
A) Conventional
B) Pur autre vie
C) Fee simple
D) Defeasible
Ask by Chan Black. in the United States
Feb 14,2025
Upstudy AI Solution
Tutor-Verified Answer
Answer
This is a conventional life estate.
Solution
The answer is A) Conventional.
Explanation:
A conventional life estate is one that lasts for the lifetime of the life tenant, in this case, Betty. Since Betty’s life estate terminates upon her death, it is classified as a conventional life estate rather than a pur autre vie (which would be measured by the life of someone other than the grantee), fee simple (which represents full ownership without limitation by life), or a defeasible estate (which can depend on the occurrence of a specified condition).
A conventional life estate is one that lasts for the lifetime of the life tenant, in this case, Betty. Since Betty’s life estate terminates upon her death, it is classified as a conventional life estate rather than a pur autre vie (which would be measured by the life of someone other than the grantee), fee simple (which represents full ownership without limitation by life), or a defeasible estate (which can depend on the occurrence of a specified condition).
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Betty holds a conventional life estate because it is limited to her lifetime. This type of life estate is the most common, where the property reverts back to Alice or her heirs upon Betty’s death. It’s like borrowing a house to enjoy while the owner, Alice, is still in the picture!
On the other hand, if Betty’s life estate were based on the lifespan of another person rather than her own, it would be termed “pur autre vie”. This form can get a bit complicated, especially if that third party has a wild or unpredictable life! Keep an eye on your life tenants!
