Legal Question in Real Estate Law in Virginia

Life rights

If a house is in my name & my sisters, but gives our father life right, can we sell it, if he is in agreement?


Asked on 5/01/02, 3:30 pm

2 Answers from Attorneys
Thomson Lipscomb Thomson Lipscomb, Atorney-at-Law

Re: Life rights

Yes, so long as he agrees and joins in the execution and delivery of the Deed. Of course there are tables in the Code to commute the value of his life estate.

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Answered on 5/01/02, 3:36 pm
Bruce Marshall Durrette, Irvin & Bradshaw, P.L.C.

Re: Life rights

Yes but you all have to sign the deed.

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Answered on 5/01/02, 6:42 pm


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