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

Last installment payment, substantially greater than the previous installment payments. The unpaid balance of a long-term loan is paid off in a lump sum at the end of the loan term. ...

The Debt-to-Income Ratio’s (DTI) definition is a measure that allows one to compare the ability an individual has to afford a monthly debt payment out of their monthly gross income. ...

Unit of metric are measurement where one hectare is equivalent to 2.471 acres or 107,637 square feet. For example, a 3 hectare parcel of property is equivalent to 7.413 acres or 322,911 ...

Latitude line selected as a reference in the rectangular survey system. ...

A Seller’s Market is the opposite of a Buyer’s Market. It’s that moment when conditions of the Real Estate Market are more favorable to Home Sellers than to Home ...

Written statements about a person or business that are malicious, unfounded, and damaging. It is the basis for legal action. ...

Loan secured by the pledge of specific collateral. ...

The Graduate, REALTOR® Institute is a designation given to real estate agents who have completed the curriculum developed as an educational attainment program by the National ...

Also called the Rule of the Sum of the Digits. An approach that bank use to formulate a loan amortization schedule. It results in a borrower paying more interest in the beginning of a ...

Popular Real Estate Questions