Legal Question in Real Estate Law in North Carolina
life time rights in a home
what rights do you have if you have life time right to a home that was given to a son?
Asked on 8/09/04, 6:38 pm
1 Answer from Attorneys
Jeff Rosner
Rosner Law Firm P.A.
Re: life time rights in a home
Generally you are entitled to all ordinary uses of the land - you can live on it, or rent it out. If you rent it out, the lease needs to terminate upon your death (if this is a life estate that is based on your life).
Generally, you would be responsible for ordinary repairs and taxes on the property.
Answered on 8/10/04, 8:52 am
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