What are my rights as the parent of a 13 year old co-owning a house?
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What are my rights as the parent of a 13 year old co-owning a house?
My 13 year old biological daughter and her 2 adult siblings, not my biological children, share ownership of a house that I previously lived in with my daughter. What are my rights as her parent? She would like to live in the house again along with myself and my husband but do we have to pay her rent? Or is it possible that we could pay the taxes on it instead of paying rent since she is part owner?
Asked on November 13, 2017 under Real Estate Law, New York
Answers:
M.T.G., Member, New York Bar / FreeAdvice Contributing Attorney
Answered 7 years ago | Contributor
This is not an easy question to guide you on and I would strongly suggest that you seek consultation with an attorney bringing with you all the documents of ownership, etc. You DAUGHTER has an absolute right to live in a home she owns BUT her siblings also have a right as well. And they have a right to rent the property too. The deal you make with them regarding living there is contractual and New York favors the right to contract as you please with another party and generally does not like to get involved in those negotiations. But I would ask an attorney how to best structure the deal in light of the papers you hold. Good luck.
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