{{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 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, 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 |access-date=4 March 2021 |language=en}}</ref> (This is unrelated to ''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 with a house, he could, for the rest of his life, live in the house and cultivate 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
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