QUESTION
Can a life tenant move and sublease.
Asked on Oct 26th, 2013 on Estate Litigation - New Jersey
1 ANSWER
2 Awards
No - usually a life estate is for a period of years defined by the person's life, and if they move out or fail to occupy the house for more than a year, the life estate oculd be deemed to be extinguished. This is a general answer, and the document that created the life estate may be more specific.
Answered on Oct 27th, 2013 at 3:43 PM
Diana L. Anderson, Certified Elder Law Attorney This response is not legal advice and does not establish any form of attorney/client relationship