
Quoting
flyingron
Just moving out is not enough to terminate the life tenancy. She's free to anything with her life tenancy (let someone else live their for free, rent it out, etc...) as long as the place is kept up and the taxes are paid, etc. As a remainderman, you can't practically "sell" the property while the life tenant is still alive. You could if the person buying it is willing to accept that there is a life tenancy in play. Your sister obviously would know that this is true, and likely would be the only one who would consider buying it. You could sell your share to her or you could keep it. It's up to you.