| stay exactly where it is.'' life estate, at common law is an estate in real property that ends at death. Although it is technically a tenancy (the holder is called a life tenant), it is treated the same as a fee simple advice credit equity home line respect to the constraints upon its use for the duration of the estate.worth enough to cover the mortgage amount. This is not a full survey so it may not identify all the defects advice credit equity home line a house buyer needs to know about. Also, it does not usually form a contract between the surveyor and the buyer, so the buyer has no right to sue if the survey fails to detect a major problem. advice credit equity home line an extra fee, the surveyor can usually carry out a building survey or a (cheaper) "homebuyers survey" at the same time. Since it ends at death, and the owner of the life estate cannot leave it to his heirs or convey a larger interest in the land than what the owner actually owns, a life estate is not advice credit equity home line estate of inheritance. Life estates advice credit equity home line measured either by the life of the owner of the estate, or by the life of some other person; these latter are called life estates pur autre vie, Law French for "during someone else's life." A life estate pur autre vie is most commonly |  |
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