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extra fee, the surveyor can usually carry out a building survey or a (cheaper) "homebuyers survey" co green mortgage point 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 co green mortgage point an estate of inheritance. Life estates are 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 created in one of two circumstances. First, when the owner co green mortgage point 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 co green mortgage point 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 then sell the life estate to Rachel. Again, Rachel and Rachel's heirs will own the land for as long as Monica lives In either scenario, once Monica dies, the ownership of the land will revert co green mortgage point Joey. If Joey has died, ownership will revert to Joey's heirs. The right to succeed to ownership of the property upon the expiration of the life estate is called a remainder. The early common law did not recognize a life estate in personal property, but such interests were cognizable in equity. Thus, although life co green mortgage point in real estate are still created today, the life estate is more commonly used in trust instruments, typically in an attempt to minimize the effect of the inheritance tax or other co green mortgage point on transfers of wealth. The law of England and Wales no longer recognises the life estate at law in relation to land, instead