Legal Question in Real Estate Law in California

Re: Selling deceased parents' home

The no-interest loan (I'm guessing) is a city, county or state rehab loan? As such, your question is really better posed to whomever holds the loan. Yes, every one of these rehab loans I have ever seen does contain a clause requiring repayment upon the death of the borrower or the sale of the unit. The lender may, however, be willing to forebear if you have a good reason for waiting. If its going to take 6-8 months to sell the home and repay them, they should be willing to work with you, but its up to them as it is technically due now.

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