Property Ownership

A 'pur autre vie' life estate in Florida is a life estate measured by:

AThe life of the person receiving the estate
BThe life of a third person other than the holder of the estate✓ Correct
CA fixed term of 50 years
DThe remaining economic life of the improvements

Explanation

A life estate 'pur autre vie' (French for 'for another's life') is measured by the life of a third party, not the holder. For example, 'to John for the life of Mary' — John holds the property for his lifetime up to Mary's death.

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