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Questions & Answers

Question

Can I will/transfer my life lease agreement to my spouse?

Answer

Yes.  The life lease agreement gives you this right as long as your spouse meets the occupancy requirements (e.g. is over the age of 55). 

related questions

What is the advantage of life lease ownership?

Do I get title to the property when I purchase a Life Lease?

Can someone buy a unit and rent it to another party?


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