Liferent

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Liferent, or life-rent, in Scots law is the right to receive for life the benefits of a property or other asset without the right to dispose of the property or the asset. [1] [2] [3] Where the property is held in fee simple, the owner is termed the fiar. [4] (This is unrelated to Fiars Prices , another term in Scots law. [4] ) For some acts relating to the property, the consent of both liferenter and fiar may be required by law.

Examples

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Fiars may relate to:

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Souvenir Plots (Scotland)

See also, laird and False titles of nobility

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References

  1. "Scottish Language Dictionaries" . Retrieved November 21, 2020.
  2. "The Records of the Parliaments of Scotland to 1707". K.M. Brown et al. eds (St Andrews, 2007), 1605/6/39. Retrieved February 15, 2008.
  3. Shumaker, Walter A.; George Foster Longsdorf (1922). The Cyclopedic Law Dictionary (Second Edition by James C. Cahill ed.). Chicago: Callaghan and Company.
  4. 1 2 "Definition of fiar". Merriam Webster . Retrieved 4 March 2021.