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If a person want to buy out lifetime rights what is the formula to compute value?
Wiki User
∙ 17y ago
It is whatever they agree on. One source of information will be the mortality tables to determine how long the individual may live. If you use that vs. a monthly cost, you can determine a price that may, or may not, be a good deal for one or more of the parties.
Wiki User
∙ 17y ago
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Can you name all the human rights?
Human Rights is a vary large topic and therefore does not have a defined strict agenda of rules and rights. There are countless "Rights" which are created just from Human expectation of them exisiting. For full indepth reading on Rights, Human and Non-Human ranging from Social, Economical, Cultural, Civil and Political Human Rights and more red the entire Wikipedia (http://en.wikipedia.org/wiki/Rights) article section on it which includes many pages about full Human Rights information.
What are the 4 categories of rights?
the four catigoriesof rigthare surralpartiapsonprotection developmenthuman rights
What did Wilson's neutral rights mean?
Rights that are the same for everybody who is a citizen of any country or continent. Anyone who brakes them will have the same punishment. Rights that are bold and dull.
What does minority rights mean?
The term minority rights embodies two separate concepts: first, normal individual rights as applied to members of racial, ethnic, class, religious ...
Is there a positive or negative effect on the bill of rights in the US?
Positive because it gave us our basic and natural rights.
If someone has lifetime rights what happens when they get a power of atterney?
Power of attorney has no effect on lifetime rights, except that now the person named in the power can exercise the rights in the name of the person who gave the power.
How long does the family have to remove personal belongings of a family member that had lifetime rights to a property after the person that had lifetime rights deceased?
90 Days
Who name is a deed in if they have a lifetime dowry?
Person has lifetime dowry to live in home on the property, but property is deeded to someone else. If the person with the lifetime dowry moves out of the home and then moves backs did they relinquish thier lifetime rights?
If a person has a lifetime dowry on a house but deeded to another person. What rights does the person with the lifetime dowry have. Is the house and the land theirs as long as they are alive?
If lifetime dowry is the same as 'Life Estate', yes, that's how they go. There may be limits to what you can do to or with the house and land, but you can live the rest of your life there. You need an attorney's help if you are having problems with your arrangement.
Is there a difference between lifetime rights and a will that states someone may live in a house or basement as long as needed and the other owners can do nothing?
Yes, there is a difference. Lifetime rights give a person certain rights to use a property for their lifetime, while a will specifying someone can live in a house as long as needed may be subject to the discretion of the other owners. The latter arrangement may be more flexible and not as legally binding as lifetime rights.
Can a person with just lifetime rights on a deed be sued by a credit card company?
I mean is can the house have a lien put on it by the credit card co.?
Does property go into the persons name that is given lifetime rights to it?
No. That person does not own legal title to the property. They simply have the right to the use and possession as long as they live.
What rights does a person have in the property when the spouse has a life estate?
The person has no rights.The person has no rights.The person has no rights.The person has no rights.
My wife has lifetime rights to a home. if she died do i have any rights to the property?
No. A life estate is extinguished when he life tenant dies.
Your name is on the deed can someone with lifetime rights make you move?
A person who has a life estate in the property has the right to the use and possession of the property for the duration of their natural life. You have not explained how the situation came about.
If you give a brother lifetime rights and he ends up in a nursing home does that still hold the rights to the home?
Yes, his possessions, including rights, are his until he dies.
Did Otis boykin have patents to his name after he died?
No, after a person dies, they can no longer own anything. Any patent rights he owned during his lifetime would be passed to his estate and distributed to his heirs (if any).
