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In this case, Susie is the life tenant and John is presumed to be the remainderman who owns the estate in reversion and will reacquire title upon the death of Susie. “John Jones, a single man ...
The legal term "pur autre vie" means "for the life of another" in French and when used in property law refers to a life estate that a grantor bestows on another person, known as a life tenant, who ...
It seems that many events in life fall on a continuum between luck and skill. Understanding the concept of reversion to the mean, and its role in determining many of life’s outcomes, can make ...