Florida | Wills and Trusts
Legal Question
fla. life estate
if some one has a life estate in a home can that person move out of the home and then rent it out if so how long can this be done for
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Read More Answered By: Scott R. Jay |
Re: fla. life estate NOTE: This communication is not intended as and should not be interpreted as legal advice. Rather, it is intended solely as a general discussion of legal principles. You should not rely on or take action based on this communication without first presenting ALL relevant details to a competent attorney in your jurisdiction and then receiving the attorney's individualized advice for you. By reading the "Response" to your question or comment, you agree that the opinion expressed is not intended to, nor does it, create any attorney-client relationship, nor does it constitute legal advice to any person reviewing such information, nor will it be considered an attorney-client privileged communication. If you do not agree, then stop right here, and do not read any further.
Yes, if the title is as you stated without any restrictions, the person can move out and then rent the property if there are not any restrictions from a homeowners association or the like for as long as he or she is alive. The property belongs to that person for the balance of his or her life.
Scott R. Jay, Esq. |
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