If 3 siblings own property in manatee county, at there wives consider owners if their names are not on the deed?
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If 3 siblings own property in manatee county, at there wives consider owners if their names are not on the deed?
Property is a condo, association says
the wives are not considered owners
Asked on July 4, 2016 under Real Estate Law, Florida
Answers:
SJZ, Member, New York Bar / FreeAdvice Contributing Attorney
Answered 8 years ago | Contributor
They are not owners if not on the deed, but that does not mean that they don't have rights: family law, for example (not real estate law) would, in the event of divorce, give them rights to the equity in the homes. The wives also have statutory and case law "homestead rights" in Florida which can give them the power to block sales of the property conducted without their consent. It is therefore strongly recommended that despite the wives not technically being owners because they are not on the deeds, that the wives' consent be obtained to any disposition of the property and that any notices affecting the property be addressed or sent to them, too. The interaction of real estate law, homestead rights, and family/matrimonial law can be complex: for advice regarding specific transactions or events affecting the real estate, it is advised that you consult with a FL real estate attorney.
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