Legal Question in Real Estate Law in California

Re: life right

Assuming you mean "life estate", you have your answers from Mr. Stone and Mr. Whipple.

Re: life right

A "life estate" means you get to occupy the real estate until you die.

Re: life right

"Life right" is not a usual legal or real-estate term. You probably mean "life tenancy," which is a well-recognized interest in real estate in which the holder has the right to possession of certain property for the life of some person, usually but not necessarily herself or himself.

Life estates are created by deed, will or trust the same as other interests in real property are created. It's common, for example, when people with children from a previous marriage remarry, they set up their trusts or wills so the survivor of them gets a life estate in their home, but when the survivor finally dies, the property passes not to the survivor's heirs, but to the heirs of each of them.

The person who succeeds to the right of possession at the end of a life tenancy is called the remainderman.