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.
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.