A recent legislative amendment to property transfer regulations aims to safeguard the rights of elderly individuals. This legal shift follows distressing cases, such as an incident in Barishal where an 82-year-old woman was evicted by her son after transferring her land ownership to him. Under the updated provisions, individuals donating real estate to spouses or blood relatives can now legally stipulate that they retain the right to utilize and benefit from the property throughout their remaining lifetime. Legal experts and activists believe this change provides a crucial safety net, preventing donors from becoming homeless if family dynamics deteriorate. By securing life-long usage rights, the law addresses vulnerabilities faced by seniors who might otherwise lose their housing security after gifting their assets to family members.
Source : Prothom Alo
Photo : Prothom Alo
