Property Ownership

In Virginia, a 'life estate pur autre vie' is a life estate measured by:

AThe life estate holder's life
BThe life of a designated third person✓ Correct
CA fixed period of 20 years
DThe natural life of the property

Explanation

A life estate pur autre vie (for another's life) lasts for the duration of a designated third party's life, not the life estate holder's own life. It terminates when the designated person dies.

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