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Kurai-
Next of kin - all in agreement as one party is moving closer to family
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Who owns the property if someone lives there under Lifetime Tenancy?
Depends what you mean by 'owns'. The lessee under the life tenancy has the right to occupy the property during the term of the lease, the lessor (the reversioner) owns the future right to occupy the property once the lease ends (the reversion expectant upon the lease).
It's like asking who owns a leasehold flat subject to a mortgage. Is it the lessor, the lessee, or the lessee's mortgagee? Technically, they all do - they all have interests in the property. As, potentially, does the Crown if the land is in the UK. But only one of them is entitled to possession of the property at any one time.
mcJ78
Brommers
Anyone know the process for selling a house which has a family member living there under a lifetime tenancy agreement? Current house would be sold then most likely some money added to the cost of the new one - anything to look out for / take into consideration? (Scotland btw)