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Joint Ownership of Inherited Property

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MJPignato Joined: 28 Jun 2009 Posts: 1 1.00 Dollars($)	Posted: Sun Jun 28, 2009 7:34 am    Post subject: Joint Ownership of Inherited Property Like 0 Dislike 0 Parent left house to 3 of us siblings. One sibling has stated to my other sib. that he is moving into the house as of a certain date and paying rent. He has not contacted me, nor asked about how much rent to pay. How can he do this? What are my rights? Thank you.
smithsussane Joined: 18 Sep 2008 Posts: 10030 Location: Alaska 919.49 Dollars($)	Posted: Sun Jun 28, 2009 7:44 pm    Post subject: Like 0 Dislike 0 Hi MJPignato! Welcome to forums! If all 3 of you have inherited the property from your parents, then all of you are the owners of the property. Neither of the siblings will need any permission to get into the house neither will they have to pay rent for living in it. However, if the property deed has any special clause stating this, then it would be a different issue. Contact a real estate attorney and check out what rights you have and then you can accordingly take steps. Feel free to ask if you have further queries. Sussane
edgar Guest	Posted: Sun Nov 01, 2009 4:38 am    Post subject: proper acquisition of property Like 0 Dislike 0 I have a piece of lot bought after the wedding of my second daughter, my question is, do my daughters husband is part of my property? Ty
jameshogg Joined: 20 Dec 2005 Posts: 10148 Location: Nevada 941.94 Dollars($)	Posted: Sun Nov 01, 2009 8:38 pm    Post subject: Like 0 Dislike 0 Hi edgar, If you've purchased the property and if it is in your name, then you're the sole owner of the property. If you've mentioned the name of your daughter's husband in the property deed, then he would be considered as one of the owners of the property. Thanks
heidi Guest	Posted: Mon Oct 04, 2010 11:57 am    Post subject: joint owened inherited property and one person wanting file Like 0 Dislike 0 my sister and i inherited a ottage from my parents and my sister is thinking about filing bankruptcy how will that effect me
smithsussane Joined: 18 Sep 2008 Posts: 10030 Location: Alaska 919.49 Dollars($)	Posted: Mon Oct 04, 2010 9:47 pm    Post subject: Like 0 Dislike 0 Hi heidi! Welcome to forums! I hope you're not filing bankruptcy jointly with your sister. In such a situation, your sister's bankruptcy filing will not affect you. However, if the property is included in the bankruptcy filing, there are chances that you'll lose the property. Feel free to ask if you've further queries. Sussane

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