place of residence: legal implications?

[RageSloth]

If someone is at their place of residence, does it mean they have a legal stake in the property? I have been told as much, but we are not sure. Thankyou.

[islandgirl]

In what sense - not if renting on an AST

[RageSloth]

I think I interpreted it as : the resident would own part of the property.
Thankyou.

[PallasAthena]

I'm confused what you are asking about. What's the actual situation that has given rise to the question?

Residence and ownership are completlely different things. Being a resident doesn't automatically make you a (part) owner. Being an owner doesn't automatically make you a resident.

[RageSloth]

I'm confused what you are asking about. What's the actual situation that has given rise to the question?

Residence and ownership are completlely different things. Being a resident doesn't automatically make you a (part) owner. Being an owner doesn't automatically make you a resident.

Its pretty darn complicated, will make a new thread later to explain the ridiculous events that unfolded

[islandgirl]

RageSloth please don't make a new thread tell the story here!

[RageSloth]

Ok, in a few days. you will weep, applaud and maybe cheer? Im being self depreciating, its grim.

[islandgirl]

well I am sure I am not the only one who is very curious and wants to read the story!