Then the house needs to be sold.
100% everyone dies.
u only said he is married once... u never said he was married in florida and also its the spouse that dies not the person
In Texas, when a spouse dies, the surviving spouse is typically entitled to the house if it was community property or if it was left to them in the deceased spouse's will.
Yes Watson. But the real question is: can the spouse spouse the home after the reverse mortgage dies live?
Yes, provided that there are no other impediments to a marriage, the surviving spouse would be free to marry.
If child dies, does his spouse have any legal claim with in-laws home?
The child go to the other parent.
Funds are transferred to the surviving spouse
yes
Usually the mortage is set up as a survivors deed. This means that if one person dies, the spouce receives the deed in their own name. If this is not the case and the house wasn't willed to the other spouse, then it will have to be taken up in Probate Court.
Yes, it is now ok or legal for them to marry again.