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
Value that a speculator believes an investment will reach at some point in the future. ...
Discounted value of net cash receipts to be obtained from a property. The present value calculation includes consideration of annual cash inflows plus the disposal value. ...
Also called a rollover mortgage. Provides a borrower with a fixed-rate mortgage that expires at a preestablished time, such as in four years. This permits the lender and borrower to ...
Federal agency that aids veterans of the armed forces. For example, it guarantees a home loan for up to a predetermined dollar amount or percentage of the loan balance, whichever is less. ...
The term acknowledgement refers to an act, deed, declaration, or an expression of appreciation, but it also refers to accepting or recognizing something. The definition of acknowledgement, ...
The definition of emblements in real estate is very simple: emblements are the crops grown on a piece of property leased to a tenant. Legally, the crops are the property of the person who ...
Roof sloping upward from all four sides of a building with the two longer sides of the roof forming a ridge in the middle. ...
Geographic area that is attractive to prospective tenants. Square footage in an office building or apartment house that may be rented by a tenant. ...
Specific portion of a larger land tract. A parcel can also be a lot in a property subdivision. ...

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?
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