Can one co-owner of a house tell another co-owner who they can have live there?
Get Legal Help Today
Compare Quotes From Top Companies and Save
Secured with SHA-256 Encryption
Can one co-owner of a house tell another co-owner who they can have live there?
My brother and I inherited my grandparents house which I have lived in for the last 3 years. I took care of my grandmother for over 2 of those years. The estate is in probate. I want to cash my brother out for his 1/2. Until this happens, can he say who I can have live in my home?
Asked on April 23, 2013 under Estate Planning, Washington
Answers:
Victor Waid / Law Office of Victor Waid
Answered 11 years ago | Contributor
The estate is entitled to rent for the house asset; brother may demand the rent of one half of the rental value while the probate is open. No your brother cannot tell you who can visit you. As to you purchasing his one half, start the preparation with the lender to purchase his half; the lender will want to know what the appraised value, determine the amount of the loan they will need to make to you. However, remember the brother can compel an auction for the property at the near the close of the estate so as to obtain the highest market valueto be divided. So be prepared.
IMPORTANT NOTICE: The Answer(s) provided above are for general information only. The attorney providing the answer was not serving as the attorney for the person submitting the question or in any attorney-client relationship with such person. Laws may vary from state to state, and sometimes change. Tiny variations in the facts, or a fact not set forth in a question, often can change a legal outcome or an attorney's conclusion. Although AttorneyPages.com has verified the attorney was admitted to practice law in at least one jurisdiction, he or she may not be authorized to practice law in the jurisdiction referred to in the question, nor is he or she necessarily experienced in the area of the law involved. Unlike the information in the Answer(s) above, upon which you should NOT rely, for personal advice you can rely upon we suggest you retain an attorney to represent you.