California | Wills and Trusts
Legal Question
inheritor wants to sell interest in life tanancy, how can he do this?
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Legal Answer
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Read More Answered By: Joshua Hale |
The tricky thing about what people will sell is that they may sell almost anything another person will buy.
Should this person sell their interest, what will happen is a bit burdensome. The new owner will be subject to the seller's life estate. When the seller dies, the life estate will still die. This means the person who would own the property at the end of the seller's life will still own the property at the end of the seller's life and can lawfully evict the life estate buyer. |
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