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If the property is sold who benefits if the grantor is in a nursing home.

jameshogg · Posted: Mon Oct 26, 2009 7:43 pm Post subject:

Hi G Wise,

If the grantor of the property has reserved the life estate rights to the property, then he/she would be able to stay in the property until death. However, the grantees would be the owner of the property. As far as I know, the grantor will not receive anything from the sale of the property. However, consulting a real estate attorney in this regard would be a better option.

Thanks

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