Tuesday, 31 March 2015

Can there be a restriction in a deed for land that the land cannot be sold. it was one acre given to a daughter by her father

Question

Can there be a restriction in a deed for land that the land cannot be sold. it was one acre given to a daughter by her father



Answer

You'd probably want to rework it as a life estate. This allows the life tenant to enjoy the property for that person's life. When that person dies, then the property would pass to a third party, called a remainderman.

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