Real Estate Law

Have Real Estate Law Questions? Ask a Real Estate Lawyer.

Ask a Lawyer,
Get an Answer ASAP!

Real Estate Law

I own commercial property with rights stated as joint

Customer Question
tenants in common with rights...
I own commercial property with rights stated as joint tenants in common with rights of survivorship. If one owner is diagnosed with paraniod schizophrenia does this mean incapacitation leaving me control of the commercial property
Submitted: 1 year ago.Category: Real Estate Law
Show More
Show Less
Ask Your Own Real Estate Law Question
Answered in 6 minutes by:
7/9/2016
Real Estate Lawyer: Barrister, Lawyer replied 1 year ago
Barrister
Barrister, Lawyer
Category: Real Estate Law
Satisfied Customers: 38,723
Experience: 17 years real estate, Realtor. Landlord 26 years
Verified

Hello and welcome! My name is ***** ***** I am a licensed attorney who will try my very best to help with your situation or get you to someone who can. There may be a slight delay in my responses as I research statutes or ordinances and type out an answer or reply, but rest assured, I am working on your question.

.

I own commercial property with rights stated as joint tenants in common with rights of survivorship. If one owner is diagnosed with paraniod schizophrenia does this mean incapacitation leaving me control of the commercial property.

.

No, a property owner's mental illness doesn't result in them giving up their legal rights to any property that they might own. A joint tenancy with rights of survivorship just means that the parties are equal owners of the property and if one of them dies, the survivor becomes the sole owner instantly. But it doesn't have anything to do with an owner's rights while they are still living.

.

.

thanks

Barrister

Ask Your Own Real Estate Law Question
Real Estate Lawyer: Barrister, Lawyer replied 1 year ago

Now if the other owner gave you permission to manage the property before they became mentally ill and medically incompetent, then that permission would continue until they were determined to be mentally competent again.

.

.

Barrister

Ask Your Own Real Estate Law Question
Ask Barrister Your Own Question
Barrister
Barrister
Barrister, Lawyer
Category: Real Estate Law
Satisfied Customers: 38,723
38,723 Satisfied Customers
Experience: 17 years real estate, Realtor. Landlord 26 years

Barrister is online now

A new question is answered every 9 seconds

How JustAnswer works:

  • Ask an ExpertExperts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional AnswerVia email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction GuaranteeRate the answer you receive.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

Mr. Kaplun clearly had an exceptional understanding of the issue and was able to explain it concisely. I would recommend JustAnswer to anyone. Great service that lives up to its promises!

Gary B.Edmond, OK

My Expert was fast and seemed to have the answer to my taser question at the tips of her fingers. Communication was excellent. I left feeling confident in her answer.

EricRedwood City, CA

I am very pleased with JustAnswer as a place to go for divorce or criminal law knowledge and insight.

MichaelWichita, KS

PaulMJD helped me with questions I had regarding an urgent legal matter. His answers were excellent.

Three H.Houston, TX

Anne was extremely helpful. Her information put me in the right direction for action that kept me legal, possible saving me a ton of money in the future. Thank you again, Anne!!

ElaineAtlanta, GA

It worked great. I had the facts and I presented them to my ex-landlord and she folded and returned my deposit. The 50 bucks I spent with you solved my problem.

TonyApopka, FL

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

< Previous | Next >

Meet the Experts:

Tina

Tina

Lawyer

5,436 satisfied customers

17 years of legal experience including real estate law.

Barrister

Barrister

Lawyer

38,723 satisfied customers

17 years real estate, Realtor. Landlord 26 years

Infolawyer

Infolawyer

Lawyer

7,657 satisfied customers

Experienced lawyer

Ray

Ray

Lawyer

7,367 satisfied customers

Texas Attorney for 30 years dealing in real estate

LawTalk

LawTalk

Attorney

6,207 satisfied customers

I have 30 years legal experience. Additionally, in CA I held a Real Estate Broker's license.

Dimitry Esquire

Dimitry Esquire

Attorney

5,526 satisfied customers

JA Mentor, multiple jurisdictions, specialize in business/contract disputes, estate creation & admin

Ely

Ely

Counselor at Law

4,899 satisfied customers

Qualified attorney in private practice including business, family, criminal, and real estate issues.

< Previous | Next >

Related Real Estate Law Questions
If I own commercial property in California and a neighboring
If I own commercial property in California and a neighboring owner adds to his building into my property does he get right of ownership of that part of my property he built on like a squatter? … read more
Ray
Ray
Lawyer
Doctoral Degree
7,367 satisfied customers
I bought a commercial property that is land locked on the
I bought a commercial property that is land locked on the back. The only access is next door neighbors property along the fence line. The other opposite side has about a 3ft drop, so equip, car, etc c… read more
Legal Eagle
Legal Eagle
Attorney
Doctoral Degree
5,967 satisfied customers
We were foreclosed on a commercial property and we fought it
We were foreclosed on a commercial property and we fought it until we went broke and they obtained a deficiency judgement. My nephew who was kind enough to cosign is a doctor but by no means is wealth… read more
Barrister
Barrister
Lawyer
38,723 satisfied customers
How does a lien on a commercial property impact the party
Hello, How does a lien on a commercial property impact the party that owns the building? How does a lien get placed on a property?Thanks.… read more
LegalGems
LegalGems
Juris Doctorate
10,212 satisfied customers
We are in the process of buying a commercial property and
We are in the process of buying a commercial property and buyer is asking to make our 100k deposit non-refundable after 45days of inspection period. Though we still have 75days after the inspection pe… read more
LawGuy
LawGuy
Juris Doctor
123 satisfied customers
If I lease my commercial property to someone who wants to
If I lease my commercial property to someone who wants to set up a marijuana extraction laboratory in it, and I was aware what implications would I be risking myself to with the feds? If it was ever r… read more
Infolawyer
Infolawyer
Lawyer
Doctoral Degree
7,657 satisfied customers
I have bought 10 % of the equity in a commercial property in
I have bought 10 % of the equity in a commercial property in UK with a Seychelles company. I am renewing the lease with an existing tenant in place. Would the new lease enforcable according to Seychel… read more
PaulmoJD
PaulmoJD
Attorney At Law
Doctoral Degree
106 satisfied customers
We own an LLC which owns several commercial properties. It
We own an LLC which owns several commercial properties. It has been suggested that to limit liability each property should be in its own LLC. When it is an LLC as owner does the filing of each individ… read more
LawGuy
LawGuy
Juris Doctor
123 satisfied customers
I am putting an offer in on a commercial property, my offer
Hello, i am putting an offer in on a commercial property, my offer is to assume the mortgage, if possible from the lender, and offer a cash incentive. The question that I have is if the mortgage is no… read more
Roger
Roger
Litigation Attorney
Doctoral Degree
26,811 satisfied customers
I am trying to buy a commercial property in NJ. I only have
Hello I am trying to buy a commercial property in NJ. I only have about have the down payment and they said the other half cannot be gifted to me. Is anyone aware of any other secondary style loan tha… read more
Infolawyer
Infolawyer
Lawyer
Doctoral Degree
7,657 satisfied customers
I live in a house that is on commercial property. It has
I live in a house that is on commercial property. It has been divided into two apartments and I rent one and my neighbor lives in the other with three children, ages 6, 10, and 13. The landlord we hav… read more
Barrister
Barrister
Lawyer
38,723 satisfied customers
I JUST PURCHASED A COMMERCIAL PROPERTY WITH 4 SMALL
I JUST PURCHASED A COMMERCIAL PROPERTY WITH 4 SMALL BUILDINGS,IN TWO OF THE BUILDINGS THERE WAS A CONTRACT WITH THE PREVIOUS OWNER WHO WAS FORECLOSED ON THE PROPERTY AND THE BANK TOOK POSSESSION. i OB… read more
Barrister
Barrister
Lawyer
38,723 satisfied customers
I would like to purchase one commercial property. The owner
I would like to purchase one commercial property. The owner had pre-foreclosure filing on 4/28/2017. The owner also provides seller finance optional. What is relative between pre-foreclosure and selle… read more
Phillips Esq.
Phillips Esq.
Attorney
Juris Doctor
17,996 satisfied customers
I am buying some commercial property that has a billboard on
I am buying some commercial property that has a billboard on it. I understand I will need to call the billboard company but before I do, I would like to know how you think it works when I am the new p… read more
LawGuy
LawGuy
Juris Doctor
123 satisfied customers
My grand mother has a commercial property that my aunt took
My grand mother has a commercial property that my aunt took out loans for and now my aunt has filed for a chapter 7. my grandmother wants to turn the property over to me but what can we do about this … read more
Irwin Law
Irwin Law
Juris Doctor JD
7,052 satisfied customers
Once a financial starts forecloser on a commercial property.
Once a financial starts forecloser on a commercial property … read more
Ray
Ray
Lawyer
Doctoral Degree
7,367 satisfied customers
My commercial property is currently under court appointed
my commercial property is currently under court appointed receivership. I am seeking legal help in order to fight this order. … read more
PaulmoJD
PaulmoJD
Attorney At Law
Doctoral Degree
106 satisfied customers
I need a letter of intent to purchase a commercial property.
I need a letter of intent to purchase a commercial property … read more
Maverick
Maverick
Doctoral Degree
6,133 satisfied customers

DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

Show MoreShow Less

Ask Your Question

x