Property Ownership

What is a 'life estate pur autre vie' in Nevada property law?

AA life estate measured by the grantee's own life
BA life estate measured by the life of a third party other than the holder✓ Correct
CA joint tenancy with right of survivorship between spouses
DA leasehold estate lasting exactly 99 years

Explanation

A life estate pur autre vie (French for 'for another's life') is a life estate whose duration is measured by the life of a person other than the holder. For example, 'to Alice for the life of Bob' — Alice holds the property as long as Bob lives.

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