Top Answer
User Avatar
Wiki User
Answered 2007-01-03 15:25:31

Not only can they charge you rent which you should gladly pay because they now have a vested interest in that property, they can choose to sell it, unless in the will it was stated otherwise. I would come to a compromise with them before your out of place to live. A house inherited is a gift to all but it is also an expense to upkeep and maintain. Let's say a house is worth $300,000 and there are 3 kids involved. Well, that could mean 100,000 each if they sell and no headaches. Now you have one sibling living in a place and theres is no income coming from the place, either by renting or selling, but there is still upkeep and maintainance. You cant see their point of view because your not shelling out anything and getting to stay in the place for free. If you can buy out their shares and the house can be yours. If not be fair buck up the money to live there and be prepared to pay for most of the maintainance yourself because you are using the home, not them.

User Avatar

Your Answer


Still Have Questions?

Related Questions

How do you find a copy of a Will when the person is deceased and both attorneys are deceased and it was not filed with the county?

You don't.

What does inherited means?

It means obtaining something from someone that is deceased. You get it either because you inherited it by relationship or they left it to you in their will.

How does a mother of a deceased son obtain power of attorney?

All power of attorneys cease at the death of the individual. She would petition the court to be the executor of the estate of the deceased.

What are dower slaves?

Slaves inherited by a spouse previously owned by the deceased spouse.

What does it mean to have dreams about your ex deceased boyfriend?

If you meant "ex-boyfriend, who is now deceased", then it's fairly normal to have dreams about people you cared about who have passed away.

Can you sell a vehicle if the title holder is deceased?

I believe you can sell it if you are the beneficiary, or if you inherited the vehicle.

What does it mean if your father who is deceased approves of new boyfriend?

Assuming the question refers to a dream of the deceased father, it suggests that the dreamer feels confident that her father would approve of this boyfriend if her father were alive.

What are some inherited traits for honey bees?

Just like with humans everything about the look of a honey bee is inherited. This includes eye color, body color, and even whether or not to remove an deceased larva is a inherited trait.

Is it wrong to get together with one's deceased girlfriend's boyfriend?

It is no one's business but yours and his.

What is the meaning of 'To the issue of the deceased beneficiary'?

It means to the children of the person who should have inherited, but died before he could.

Is inheritance income taxable?

money that has been inherited has already been assessed for inheritance tax based on the amount left in the deceased estate. Once you have inherited the money you are not liable for inheritance tax.

Will you ever see your deceased boyfriend again?

Why not!? That would be giving a PERSON FALSE HOPE!

Who inherited the Cheyenne Social Club from his or her deceased brother in the movie The Cheyenne Social Club?

John O'Hanlan (James Stewart)

Why do you dream of a dead boyfriend?

Dreams tend to be your mind trying to "work out" things. If you have unfinished business with your deceased boyfriend, this may be your mind trying to get "closure".

Do you have to claim money on your tax return that you inherited?

If you just inherited a bag full of money, no. If you inherited a tax deferred account like an IRA, 401k, or pension, you may have to pay tax when you take the money out. If you inherited property such as a house or stocks, you may have to pay taxes on the growth in value between the date of death and the date you sold the property. If you inherit US Savings Bonds, you may have to pay tax on the interest when you cash them in, including interest earned during the life of the deceased if the deceased was not declaring the interest annually on his or her taxes.

How are cashed out inherited annuties taxed?

The taxable distribution amounts will be taxed to the beneficiaries in the same way that were or would have been taxed to the deceased taxpayer. If your meaning inherited IRA or retiremen plans the rules can be much, much different.

Who has the right of the inherited property from the deceased parent?

Usually the spouse. "Unlike a spouse, a child generally has no legally protected right to inherit a deceased parent's property. The law does protect children when an unintentional omission in a will occurs, however."

When a home in Virginia is inherited and sold and the title company misses a judgment of the deceased who is responsible the title company the heirs or the executor?

title company

How do you tell your boyfriend about a deceased parent?

Tell them that you want to tell them something serious and that it would be appropiate for them to know.

Can the surviving spouse of the deceased husband continue to receive mineral rights income he had inherited?

Typically the spouse will inherit the property of a deceased spouse. A will may assign things to other beneficiaries. Consult a licensed attorney in the state in question.

I need an attorney to sue a large company for breaking many state regulations for hospice services given to my now deceased parents. Are there any attorneys that have enough knowledge to take on a case like this?

You need an attorney with high credibility to take down a large company because surely they have high-paid attorneys to save the company. I suggest you start looking from the well known board of attorneys.

Is spouse responsible for deceased pension loan debt when they contact 12 years later?

Maybe. It depends on what happened with the pension after the death and how the estate was handled. If the spouse inherited from the deceased, and continued to receive a payout from the pension, they would probably be liable for the debt.

Are there taxes on sale of an inherited property in Pennsylvania?

There is an inheritance tax for property in Pennsylvania. The amount ranges from 0 to 15 percent depending on the amount of worth and relationship to the deceased.

Do you need to register a firearm in Pennsylvania if the gun was handed down by a deceased family member?

Pennsylvania does not have registration of ordinary firearms. There is no place or procedure to register a gun, whether inherited or not.

Who is Kim Kardashians?

Robert Kardashian. He was one of the attorneys for OJ Simpson when he was on trial for the murder of his wife, Nicole Brown Simpson and her friend Ron Goldman. Mr. Kardashian is now deceased. I believe from cancer.