Legal Question in Real Estate Law in Colorado

Life estates

Louise Aron

Attorney at Law

Lakewood Office:

1536 South Ingalls

Lakewood, Colorado 80232 USA

(303) 922 7687

fax (303) 922-1370

Cherry Creek Office:

300 South Jackson #100

Denver, Colorado 80209 USA

(303) 780-7339

Satellite offices:

Boulder - 4450 Arapahoe Avenue, #100

DTC - 4610 South Ulster, #150

A TOLL FREE NUMBER is available to clients outside the Denver metro area.

[email protected]

web site http://effectnet.com/la/

LawGuru User

Dear LawGuru User:

I don't have enough information to conclusively answer this question. The terms of your mother-in-law's will need to be examined. Also what do your husband and his brother want to do with the equity -- do they want to sell the townhome? Do they want to mortgage it?

If your mother-in-law's husband has a life estate, that means he owns the townhome for life and until he dies, your husband and his brother have no legal right to sell or encumber equity in the townhome.

Thank you for using LawGuru.

Sincerely,

Louise Aron

Attorney at Law

web site http://effectnet.com/la/