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No. The life tenant has the right to the use and possession of the property for life.

No. The life tenant has the right to the use and possession of the property for life.

No. The life tenant has the right to the use and possession of the property for life.

No. The life tenant has the right to the use and possession of the property for life.

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11y ago
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11y ago

No. The life tenant has the right to the use and possession of the property for life.

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Q: Can a remainderman lease property of a lifetime estate to a leasing company without the life tenant's consent?
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Can I refinance a jointly owned home without the consent or signature of the other person who jointly owns the property and is also on the deed?

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If someone gives you lifetime rights to a home what do you need to do to make it legal?

Answer:On the discussion page you explained that you want to give your daughter lifetime rights to live in your home. The legal term for lifetime rights in real property is a life estate. The most common way to create 'lifetime rights' in real estate is by granting a life estate in a deed. However, that may not be the best option to use if your daughter does not have legal capacity.Granting a life estate in real property gives the life tenant the right to the use and possession of the property for the duration of their natural life. The property cannot be mortgaged, refinanced or sold without the written consent of the life tenant. You need to discuss this issue with an attorney who can review your situation, the reason you have made such a decision and explain your options. The attorney should be an expert in estate planning.