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RE: Building foundations. Yamaha tzr 125.
A Good idea and your daughter benefits while her grandma has a home of her own.
Over here we have something called usufruct (living rights or Life Estate)
quote:
Life Estate: the right to use or occupy real property for one's life. Often this is given to a person (such as a family member) by deed or as a gift under a will with the idea that a younger person would then take the property upon the death of the one who receives the life estate.
That is similar to here, and what we are doing, there will be a legal declaration that she can stay there until she moves or departs the other way, then ownership goes to my daughter. Seemed the most sensible way to sort this all out to me.