Definition of "Pur autre vie"

Tami  Heitzwebel real estate agent

Written by

Tami Heitzwebelelite badge icon

RE MAX Associates Northeast

Latin for through the life of another. A life estate in property is granted to an individual so long as a third person is alive.

Comments for Pur Autre Vie

James James said:

Is it possible to transfer a life estate interest in Florida

Feb 19, 2021  15:22:15

 
Real Estate Agent

Hey, James! Are you referring to fee simple estate? Please check out our glossary term on the topic.

Mar 04, 2021  08:16:33
 
 
image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Terms

The legal right of a widow to a portion of her deceased husbands real property. ...

Financing source for new real estate business or turnaround ventures that usually combine much risk with potential for high return. There are various stages of venture capital, such as ...

Rule within the Internal Revenue Code applicable to capital gains from selling real estate that has been depreciated for tax purposes. Most buildings must be depreciated using the ...

Provision at the end of a document, such as a will, wherein the witnesses sign that the instrument has been executed before them. This may be useful involving transfers of real estate. ...

The definition of an absentee owner is a property owner who does not reside on the property. An absentee can be an individual or a corporation with legal ownership over a property ...

The Federal Reserve Bank's regulation applying to the amount of credit that may be advanced by brokers and dealers to customers to buy securities. ...

Provision in an agreement in which its renewal is a matter of course at the end of its initial term. ...

Among other things. Inter alia is an ancient method of referring to statutes without reciting all of their provisions. ...

Deterioration in property resulting from its ordinary use and from the aging process. An examples an apartment building that physically deteriorates over the years. ...

Popular Real Estate Questions