Life rent

Also found in: Legal.

the rent of a life estate; rent or property to which one is entitled during one's life.

See also: Life

Webster's Revised Unabridged Dictionary, published 1913 by G. & C. Merriam Co.

References in periodicals archive ?

They will be able to discuss options with you, such as life rent, which is the right to reside in a property rent free for a lifetime but with no right of actual ownership, or a more formal trust benefitting your carer without prejudicing the interest of your other children.

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People from all walks of life rent properties, whether they are council, private landlord or housing association.

Buying a decent place to live

When the Countess of Sutherland bought the parish of Assynt for her grandson, she took a life rent of five per cent a year of the original cost.

Thousands murdered, a country ravaged and a way of life destroyed.. this was ethnic cleansing; Taggart star John Michie on his epic journey to the darkest part of Scotland's history..the Highland Clearances

A document dated 27 May 1350 further supports this point.(61) On that date, Kersten, lady of Dronghen, with Jan van Artevelde, her spouse, recognized the sale of a life rent to Giles den Tolnere on behalf of their daughter, Juete, a nun in the convent of St.