Posted on: 01st Mar, 2011 05:49 pm
My dad passed away suddenly and gave his girlfriend the right to live in his house for the remainder of her life. Upon her death, his children inherit the house. She's not allowed to sell it and is responsible for all costs associated with it. I am confused as to how the deed will change once the estate is settled. I am being told that the deed will actually be put in her name while she is alive. How can that be? Wouldn't that give her the right to sell the house?
Hi Guest,
Your father's girlfriend will have life estate rights over that property. You should contact a real estate attorney and he will draft the deed accordingly and mention a clause in the deed that she won't have any rights to sell off the property.
Thanks
Your father's girlfriend will have life estate rights over that property. You should contact a real estate attorney and he will draft the deed accordingly and mention a clause in the deed that she won't have any rights to sell off the property.
Thanks