What term describes a life estate held by someone other than the person whose life it is tied to?

The term that describes a life estate held by someone other than the person whose life it is tied to is known as "Estate Pur Autre Vie." This legal concept refers specifically to a life estate that is based on the life of another individual. Here, the holder of the estate possesses the rights to the property during the lifetime of a third party, meaning that the duration of ownership is dependent on the life of someone other than the owner themselves.

This arrangement can often be beneficial in estate planning, as it allows the life tenant to utilize the property while ensuring that it ultimately passes to another party upon the death of the individual whose life the estate is based upon. Understanding this term is crucial when discussing different types of interests within real estate, providing clarity on how ownership and succession rights can be structured.