The right to benefit from a property — to live in it, receive income from it, or a share of its sale proceeds. A person can have a beneficial interest even if they are not the legal owner named at the Land Registry. Financial orders often transfer or redefine beneficial interests.
In Plain English
The right to live in a property or receive money from its sale, even if your name isn't officially on the ownership papers.
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A McKenzie Friend can help you understand terms like these in the context of your case.
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