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Can a judgment/lien be placed against a person who holds a life estate on property creating a lien on the premises which she holds the life estate

Anonymous's picture
Anonymous | Joined: June 8, 2004 01:06 am | Posts: 0 | Location: New Jersey | 00 Dollars($)

A friend of mine owns a house in Alabama. Her husband owns a life estate in the house (which I understand means he has the right to live in the house until he dies). The life estate was sold at auction for $10,500.00. Can my friend's husband redeem the life estate for auction price...if so, how long does he have to redeem it.
Also, can person who bought the Life Estate at auction have the owner of the house evicted?

Like | Dislike | Share | Posted: Wed, 04/11/2012 - 01:03 | Post subject:

jameshogg's picture
jameshogg | Joined: December 20, 2005 02:58 am | Posts: 0 | Location: New Jersey | 00 Dollars($)

Hi moorod,

You need to contact an attorney in order to find out whether or not your friend's husband will be able to redeem the life estate. Moreover, it will be the discretion of the purchaser whether or not he will sell it off.

I don't think that the person, who bought the life estate, will be able to evict the property owner from the property.

Thanks

Like | Dislike | Share | Posted: Thu, 04/12/2012 - 22:51 | Post subject:

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