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What does a life interest in a property mean in practical terms

7 replies

didyouseeit · 12/09/2021 18:40

Stepfather has this. There is nothing in the will specifying anything else except it is portable.

Stepdaughters are the eventual beneficiaries (on his death).

Can the stepdaughters demand he doesn't have family to visit, or take in a lodger or get married? Can the beneficiaries construct rules and make demands to enter the property freely?

Nothing in Will, so I just wonder what the normal is

OP posts:
Farcry66 · 12/09/2021 18:44

We have this in my mum's will. The way I understand it, my stepdad has the use of the house until he dies. It does specify in he will that he needs to keep it in good condition. We can't stop him having anyone in, or staying. Both that we would anyway.

As far as I am concerned, it is his home and he can do what he wants in it. He did ask us if we minded if he changed the curtains in the living room for blinds, but I think that was in case we were upset he changed things my mum had done.

NoSquirrels · 12/09/2021 18:49

You basically become his landlord. So should act accordingly- which means giving him ‘quiet enjoyment’ of the property, and letting him live his life there.

He should treat the property with respect, point out any maintenance that it needs in good time etc.

nellly · 12/09/2021 18:51

No that's bonkers he gets to live in it as if it's his until he dies, then they inherit, there's usually a clause that they have to mantain it etc so you could take action if that's not upheld

Akire · 12/09/2021 18:54

The house isn’t his so even if he gets married he has no house to give away or for her to claim.

didyouseeit · 12/09/2021 18:54

This is exactly what I want to hear!

OP posts:
NoSquirrels · 12/09/2021 18:56

Can the stepdaughters demand he doesn't have family to visit, or take in a lodger or get married? Can the beneficiaries construct rules and make demands to enter the property freely?

I’d say a resounding no to all this.

ArtfulScreamer · 12/09/2021 20:53

My mum and dad owned there house as tenants in common so when he died his 50% was shared between my brother and I with mum having a lifetime interest. It basically means we can't evict her / sell the house and if she was to remarry her new husband wouldn't inherit the full house if she died intestate.

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