Posted on: 17th Apr, 2008 05:59 pm
In 1996 my father signed his house and land over to a foundation that he
has been apart of for some time. The stipulation being that he could live
there until he passes. My father recently moved into and assisted living facility and he has asked me to live in the house and take care of it. The house needs work, and i will not put money into something that i may never be able to own. Is there anything that i can do?
has been apart of for some time. The stipulation being that he could live
there until he passes. My father recently moved into and assisted living facility and he has asked me to live in the house and take care of it. The house needs work, and i will not put money into something that i may never be able to own. Is there anything that i can do?
Hi Mama Moo,
Welcome to forums.
Since the house and land belong to the foundation now, therefore I don't think you can do a quitclaim reversal. Neither will you be able to do the repair work. Perhaps you need to contact the foundation and ask them if they would do any kind of repairs on the property. Or may be they can allow your father or you to carry out the repairs. I think you should talk to them regarding this issue.
Thanks
Welcome to forums.
Since the house and land belong to the foundation now, therefore I don't think you can do a quitclaim reversal. Neither will you be able to do the repair work. Perhaps you need to contact the foundation and ask them if they would do any kind of repairs on the property. Or may be they can allow your father or you to carry out the repairs. I think you should talk to them regarding this issue.
Thanks
Hi Mama Moo,
Welcome to forum.
You cannot reverse the quitclaim deed. But the Foundation may quitclaim back to you or your father or do the repair work. So talk with the foundation on this.
Best of luck,
Larry
Welcome to forum.
You cannot reverse the quitclaim deed. But the Foundation may quitclaim back to you or your father or do the repair work. So talk with the foundation on this.
Best of luck,
Larry