Yes. A joint tenant can sell their interest in the property to their son. The transfer will break the tenancy and the new owners will own as tenants in common. However, an attorney should draft the deed and the grantor should be made aware of all the tax consequence of making the transfer.
He has been in a relationship with Georgia Moffett for two years
He is still dating her as of 2010
An attornment is the consent of a tenant to the transfer of his relationship to his landlord to another person.
An attornment is the consent of a tenant to the transfer of his relationship to his landlord to another person.
No. The life tenant no longer owns the property. The signature of the fee owners would be required as well as the signature of the life tenant.No. The life tenant no longer owns the property. The signature of the fee owners would be required as well as the signature of the life tenant.No. The life tenant no longer owns the property. The signature of the fee owners would be required as well as the signature of the life tenant.No. The life tenant no longer owns the property. The signature of the fee owners would be required as well as the signature of the life tenant.
Your bankruptcy has noting to do with your tenant. If you were not filing, he would still owe you the rent.
so you will stay longer
Nothing. A "life tenant" is simply the owner for the rest of his or her life, regardless of where he or she lives. One would presume the nursing home will let you (or somebody) know when they no longer believe the "life tenant" is alive.
No.
Yes he has been in a relationship with Georgia Moffett for two years
that the Landlord will follow the law. if the tenant leaves the house in good condition, the landlord must refund the entire amount of security deposit.
You can try to lease on even better terms (for you) with a new tenant at a higher rate and longer term or possibly the tenant can sub lease to someone else and pay you that way. ??