Posted on: 26th Jun, 2009 10:55 am
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.
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.
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....
:arrow: :arrow: :arrow:
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....
:arrow: :arrow: :arrow:
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
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
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?
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.
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.