# Liferent

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{{Short description|Property right in Scots law}}
{{redirect|Fiar|the Italian avionics firm|FIAR}}
{{Use dmy dates|date=April 2022}}
'''Liferent''', or '''life-rent''', in [Scots law](/source/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.<ref>
{{cite web
 |title=Scottish Language Dictionaries 
 |url=https://dsl.ac.uk/entry/snd/liferent
 |accessdate=November 21, 2020 
 }}</ref>
<ref>
{{cite web
  | title = The Records of the Parliaments of Scotland to 1707
  | publisher = K.M. Brown et al. eds (St Andrews, 2007), 1605/6/39
  | url = https://www.rps.ac.uk/
  |accessdate=February 15, 2008
}}</ref><ref>
 {{cite book
 | last = Shumaker
 | first = Walter A.
 |author2=George Foster Longsdorf
  | title = The Cyclopedic Law Dictionary
 | url = https://archive.org/details/cyclopediclawdi00longgoog
 | edition = Second Edition by James C. Cahill
 | year = 1922
 | publisher = Callaghan and Company
 | location = Chicago
 }}</ref> Where the property is held in [fee simple](/source/fee_simple), the owner is termed the '''fiar'''.<ref name="merriam-webster">{{cite web |title=Definition of ''fiar'' |url=https://www.merriam-webster.com/dictionary/fiar |publisher=[Merriam Webster](/source/Merriam_Webster) |access-date=4 March 2021 |language=en}}</ref> (This is unrelated to ''[Fiars Prices](/source/Fiars_Prices)'', another term in Scots law.<ref name="merriam-webster"/>) For some acts relating to the property, the consent of both liferenter and fiar may be required by law.

==Examples==
* If a man held a liferent on [arable land](/source/arable_land) with a [house](/source/house), he could, for the rest of his life, live in the house and [cultivate](/source/Agriculture) the land, keeping the income for himself. He could not transfer the land or house to another person.
*A liferent might be set by law (as when someone died, it would apply to the surviving spouse); or it might be set as a private arrangement between individuals.

==References==
{{Reflist}}

Category:Scots law legal terminology
Category:Real property law of Scotland
Category:Real property law
Category:Land tenure
Category:Agriculture in Scotland
Category:Housing in Scotland

{{Scotland-law-stub}}

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Adapted from the Wikipedia article [Liferent](https://en.wikipedia.org/wiki/Liferent) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/Liferent?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.