Can A Life Estate Be Sold at Life

Can A Life Estate Be Sold. A life estate is when you take the deed to your house you transfer it to your kids. During the life tenant’s lifetime, they have the right to use the property.

Matthew johnson phone# 206.747.0313 is licensed in the state of washington and performs bankruptcy, short sale negotiations, and estate planning in whatcom, skagit, snohomish, king and pierce counties. The fact is that a life tenant (i.e. The life tenant may sell his life estate interest, meaning the buyer purchases the right to use the property for the lifetime of the specified person.

A Very Fine Italian 19th Century Carrara Marble LifeSize

During the life tenant’s lifetime, they have the right to use the property. The fact is that a life tenant (i.e. Real estate can be divided between: During the life tenant’s lifetime, they have the right to use the property.