lifetime right to property

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Icon Mini Profile sasie92





Joined: 26 Jun 2009

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Post Posted: Fri Jun 26, 2009 10:55 am    Post subject: lifetime right to property
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My mom is in a nursing home with a lifetime right to her home. At her death 3 of 5 siblings will inherite her home via a deed.
Can the 3 legally keep the other 2 off of the property as long as my mom is alive?
Thank you in advance for your time.
Icon Mini Profile manoj_gopale
manoj_gopale




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Post Posted: Fri Jun 26, 2009 11:51 am    Post subject:
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sasie92

welcome to mortgagefit

No , if the property is inherited by her from her ancestors.but if the property is purchased from her own earning then it can be done so.

keep in touch.....
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Icon Mini Profile smithsussane
smith.sussane




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Post Posted: Sun Jun 28, 2009 10:26 pm    Post subject:
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Hi sasie!

Welcome to forums!

The mother needs to sign a deed which will help the 3 siblings to keep the other 2 out of the deed. Other than this, the 3 siblings cannot forecefully keep the other 2 out of the deed.

Sussane
Harvey Doyle

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Post Posted: Wed Mar 09, 2011 12:24 pm    Post subject: Life Time Residency
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What type of form do we do for a Life Time Residence or Occupancy on land that is owned by another person. Can we do this with a Power of Attorney?
Icon Mini Profile adonis
adonis




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Post Posted: Wed Mar 09, 2011 10:07 pm    Post subject:
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Hi Harvey,

You will have to add a life estate clause in the property deed in order to get the Life Time Residency rights in the property. A power of attorney can help you in doing so. You should contact a real estate attorney and he will help you in the whole process.

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