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A LIFE ESTATE is an estate held only for a specified person's life. It is a right to use and occupy property that is extinguished when the life estate holder dies.

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16y ago

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If a child has been given a house with a parent having a lifetime right of occupancy and parent has to go to a nursing home can the child sell the property?

The parent must consent to the sale.


How is a licensee different from a tenant?

A tenant has the right of occupancy. A licensee only has temporary use of a piece of land with or without the right of occupancy. An example of a licensee agreement would be a parking spot, kiosk, or hunting lease.


What is the definition of second home occupancy?

An example would be living in your summer cottage, rather than your primary, or main, residence.


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No, you do not need to live in the house to have a lifetime estate, but you typically retain the right to live in the house if you choose to do so. A lifetime estate grants you the right to use and enjoy the property during your lifetime.


Was a soldiers lifetime hard at war?

No, as the soldier was a child once (and would not then have been a soldier) his lifetime, by definition, can not all have been "hard at war".


What channel is lifetime on rogers?

channel 83 and 322. standard definition only :(


What is the definition of a lifetime sport?

What is the definition of a lifetime sport? A life time sport is one that you can enjoy for an entire lifetime! These sports include golf, tennis, running, and cycling. They are typically not impact sports and if you start playing at a young age, you will likely be able to continue until you are collecting social security.


You Need a certificate of occupancy for an existing deck?

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What would the NFPA occupancy rating be for a church with a school?

the church hall would be an assembly occupancy, the school would be an education occupancy and the building would be a mixed occupancy.


What is the definition of enjoyment?

-noun 1. the act of enjoying. 2. the possession, use, or occupancy of anything with satisfaction or pleasure: to have the enjoyment of a large income. 3. a particular form or source of pleasure: Hunting is his greatest enjoyment. 4. Law. the exercise of a right: the enjoyment of an estate


How can you calculate occupancy rate of an assisted living facility?

Divide current occupancy by the total possible occupancy and multiply by 100. For example: If a facility has a total possible occupancy of 100 and the current occupancy is 75 then the occupancy rate is 75%. 75 / 100 * 100 = 75 % If you do not multiply by 100 then you have the answer as a decimal fraction.

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