What is a pur autre vie life estate?

A pur autre vie life estate is a type of estate where a person holds the right to use a property for the duration of another person's life. The term "pur autre vie" means "for the life of another", and the property can only be used by the holder of the life estate until the named person or "life tenant" dies.

The life estate holder is commonly referred to as the "life tenant" and has the right to use the property during the lifetime of the named person in the document. A pur autre vie life estate is created through a legal agreement between the owner of the property and the life tenant, which specifies the terms of the arrangement.

One of the benefits of a pur autre vie life estate is that it provides a guarantee that the property will remain in the family or ownership of a specific person while they are still alive. It is a useful tool for estate planning or for people who want to ensure that their home or other property is passed on to a loved one and is not subject to disputes or legal challenges.

However, it is important to note that the life tenant is responsible for the maintenance and upkeep of the property during their lifetime. They may also be required to obtain permission from the property owner before making any major changes or modifications to the property.

Overall, a pur autre vie life estate is a legal agreement that allows someone to use a property for the duration of another person's life. It is commonly used for estate planning and provides security and stability for family members or loved ones.