@AmeliesUncle wrote:
This is definitely not my area of expertise, but I had thought that a Life Estate included that the person retained full control of the home, including the sole right to sell the property.
Further, the life tenant can sell the life estate to another party, but the actual life estate would be measured by the first life tenant (i.e., the life tenant who sold the interest).
That is known as a life estate pur autre vie and the life estate would terminate upon the death of the first life tenant. The life tenant typically does not need the permission of any remainderman to sell or transfer the life estate.
