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1st trust mortgage alliance

pur autre vie is most commonly created in one of 1st trust mortgage circumstances. First, when the owner of property conveys his interest in that property to another person, for the life of a third person. For example if Joey conveys Blackacre to Rachel during the life of Monica, then Rachel owns the land for as long as Monica 1st trust mortgage if Rachel dies before Monica, Rachel's heirs will inherit the land, and will continue to own it for as long as Monica lives. Second, if Joey conveys Blackacre

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