Pur Autre Vie
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.
Popular Real Estate Terms
Legal action by an owner of property to oust or exclude an individual or business form using the property. ...
In taxation, the excess of total long-term gains minus total long-term losses on the sale of real estate. Long-term classification is for real estate held one year or more. This is reported ...
Value is exchanged by the parties to an agreement involving current or future performance making it legally enforceable. Without reasonable consideration for performance, the contract may ...
The initial lessee of rented property who then leases it to a subtenant. ...
Contractual provision allowing an individual or business to renege on a commitment in certain cases without being penalized. ...
Relationship between individuals or entities out of which exists a mutual interest. An example is a privity of contract among the contracting parties concerning the actions each are to take. ...
What does contribute mean in everyday scenarios? The official “contribute definition” goes as follows: providing a thing of great value, regularly money, to help accomplish a ...
Individual or entity who pays for the professional services of another person or business. ...
Area or county used in the census or other data gathering functions that has a population of 50,000 inhabitants or more. ...

Comments for Pur Autre Vie
Is it possible to transfer a life estate interest in Florida
Feb 19, 2021 15:22:15Hey, James! Are you referring to fee simple estate? Please check out our glossary term on the topic.
Mar 04, 2021 08:16:33Have a question or comment?
We're here to help.