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serious [3.7K]
3 years ago
14

How is a conventional life estate created?

Law
1 answer:
USPshnik [31]3 years ago
8 0
Conventional life estates: These are created by the grantor using of a will, deed or trust. ... Once the owner dies, the estate terminates. If the estate is based on a life other than the life tenant, it is known as a pur autre vie life estate, which means for another's life.
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