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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 american equity home mortgage commonly created in one of two 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 american equity home mortgage Joey conveys Blackacre to Rachel during the life of Monica, then Rachel owns the land for as long as Monica lives; 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 to Monica for life, Monica can american equity home mortgage sell the life estate to Rachel. Again, Rachel
american equity home mortgage
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