Brokaw v. Fairchild, Supreme Ct., Special Term, NY County, 1929
FACTS
-P has a life estate in NYC mansion, wants to tear down and make apts for income and because can't afford upkeep and taxes, can't rent as is
FACTS
-P has a life estate in NYC mansion, wants to tear down and make apts for income and because can't afford upkeep and taxes, can't rent as is
-P says neighborhood has changed so should be able to convert
-Ds are future interest holders who do not want house taken down, assert that to do so would be waste, and against objections of remaindermen
-life estate can do what is necessary for his use and enjoyment but can not change property so as to harm future interests
-because “my residence” in will numerous times, shows that family takes pride in home and wants to keep
change in character and circumstances – Melms v. Pabst Brewing Co.
- Pabst only had a life estate pur autre vie, but they knocked the house down not knowing that they only had a life estate
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