When Mrs. D conveys her apartment building to a nursing home, what type of estate does she create?

Study for the Indiana RECP Comprehensive Test. Utilize flashcards and multiple-choice questions, each with hints and explanations. Prepare to ace your exam!

When Mrs. D conveys her apartment building to a nursing home, she creates a life estate pur autre vie. A life estate pur autre vie is a type of life estate that is based on the lifetime of someone other than the former owner. In this situation, Mrs. D is likely designating the nursing home to specifically benefit from the estate during her own life or that of another individual, typically a person residing in the nursing home.

This type of estate allows the nursing home to use and benefit from the property while Mrs. D or the designated individual is still alive. Upon the death of the measuring life, the property would revert to Mrs. D's heirs or the remaindermen designated in the transfer.

The other types of estates listed would not apply in this scenario. A remainder life estate refers to a future interest that someone holds after a life estate ends, a legal life estate is created automatically by law often through marriage or other legal interpretations, and a leasehold estate refers to the interest held by a tenant who rents property, which is not relevant to a conveyance to a nursing home.

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