Legal Question in Real Estate Law in Tennessee
Are Life Estate Deeds legal in Tennessee?
Asked on 3/18/17, 7:33 pm
1 Answer from Attorneys
Dan Scott
Scott Law Group, PC
Yes. A life estate is simply a unique interest in real property where the life tenant has full and complete possession, use and control of the property until the life tenant's death. Then the remaindermen's interest in the property becomes possessory (the right to possess the property) upon the life tenant's death.
Answered on 3/18/17, 11:01 pm
Related Questions & Answers
-
Is bipolar disorder grounds to recend a deed Asked 12/11/14, 1:56 am in United States Tennessee Real Estate and Real Property