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Recent Tenancy in Common questions

I am renting a home, signed a lease and person who has

I am renting a home, signed a lease and person who has mortgage on home countersigned, however, there are two persons on the deed. One person on the deed did not sign the lease. does that make the lease invalid?

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Loren

Juris Doctor

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I have my name on my nieces house. When I die will that

I have my name on my nieces house. When I die will that house be in my estate and will it be subject to estate taxes?

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Loren

Juris Doctor

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My wife quit claimed 50% of her house to me 6 months ago.

My wife quit claimed 50% of her house to me 6 months ago. Now we are divorcing and she claims that because it was only 6 months ago I'm not entitled to any of the property. Is that true?

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J. Warren

Attorney

Doctoral Degree

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We've been JTWRS co-owners in my parent's home yrs.

We've been JTWRS co-owners in my parent's home for 28 yrs. after helping them purchase the home with our initial investment of $40k. They want to include the home in their trust assuring us a min. inheritance of 100k and dividing the remaining proceeds among my 3 siblings as their inheritance. We don't feel this is fair and are concerned about taxes all the way around. They are concerned about losing the home if one or both need long term care someday. I insist they can't be forced to sell the home as long as we're JTWRS and will survive the applicable look back period. Can they include the home in the trust (with us still as JTWRS) without us signing a quit claim deed turning the property over to the trust?

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Barrister

Attorney/Landlord/Realtor

Doctoral Degree

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My husband died a month a go..He has a step daughter by

My husband died a month a go..He has a step daughter by another marriage. I have been with her since feb 1995. we got married may 25th,2015. can she take my house away from me

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LawTalk

Attorney at Law

Juris Doctor

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Regarding a property. the property was prchased in 1988 by

regarding a property. the property was prchased in 1988 by my parents. the deed was a tenancy agreement with my parents having 1/2 interest and my brother and his wife having 1/2 interest. my brother divorced his wife in 1991. in 1995 order releasing consensual lien and awarding real estate was handled through the district court of wy.co.kansas civil court department. my brothers ex-wife signed over her part of my brothers 1/2 and my brother was awarded the marital home. the property then became 1/2 my parents and 1/2 my brothers. also in 1995 after the divorce my brother went and did a quit claim deed over to my parents without using the word tenancy. my mom passed away on april 15, 2016. according to the wills what was hers was his and his was hers. now it is my dad on 1/2 the property and my brother on 1/2. my dad now wants to

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Barrister

Attorney/Landlord/Realtor

Doctoral Degree

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45,440 satisfied customers
I own an undivided interest in 260 acres of pasture. It's a

I own an undivided interest in 260 acres of pasture. It's a tenancy in common. In Elbert county Colorado.It is landlocked. There is an easement that was granted before my parents died, which restricts use to "consistent to 2 single family homes and or farm activity". It runs with the land.I'm looking for legal reference that says if I do or do not have the right to use the access.Need to know asap.

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Law Educator, Esq.

Attorney At Law

Doctoral Degree

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Can real estate (a house being purchased without a mortgage,

Can real estate (a house being purchased without a mortgage, a cash sale) be titled to 3 different owners such that one owner owns a 50% share of the property and the other owners (a married couple) each own a 25% share of the property, or must the property be titled such that each owner owns a 1/3 share of the property? Thanks!

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Ray

Lawyer

Doctoral Degree

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We are 5 siblings who put together finances to buy land in

We are 5 siblings who put together finances to buy land in Ga. for vacation purposes but had to buy quickly because the deal was expiring , so the one with the best credit bought it in his name. Now, the land is ours and we would like to know how to go about transfering it in our 5 names, so we could proceed to build 5 homes or 1 big home. We don't want to survey the land in 5 lots, we want to build separate but together, or just one big family home, which ever is the easier and minimal cost route. Please advise if a Corp. is the way to go as we are thinking, or is there a better way.Thank you,The Gabs.

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Christopher B, Esq.

Attorney

Juris Doctor

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