| time. Since it ends at death, and the owner of the life estate cannot leave fha mortgage calculator to his heirs or convey a larger interest in the land than what the owner actually owns, a life estate is not an estate of inheritance. Life estates are measured either by the life of the owner of the estate, or by the life of some fha mortgage calculator 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 created in one of two circumstances. First, when fha mortgage calculator 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 lives; if Rachel dies before Monica, fha mortgage calculator heirs will inherit the land, and will continue to own it for as long as |
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