Legal Question in Real Estate Law in Florida
illegal sale of property....
Deceased fathers widow has life estate privledge to Martin County condo. Widow decides to sell condo WITHOUT childrens consent or notification to an assumed relative for well below the fair market value. Childrens names are on the recorded deed. Widow signed a letter of sale with Coldwell Banker- closing in a few weeks. What legal recourse do we have. Thank You.
2 Answers from Attorneys
Re: illegal sale of property....
Since she is not the owner, she cannot sell. Once she trys to , she waives her life estate.
Re: illegal sale of property....
NOTE: This communication is not intended as and should not be interpreted as legal advice. Rather, it is intended solely as a general discussion of legal principles. You should not rely on or take action based on this communication without first presenting ALL relevant details to a competent attorney in your jurisdiction and then receiving the attorney's individualized advice for you. By reading the "Response" to your question or comment, you agree that the opinion expressed is not intended to, nor does it, create any attorney-client relationship, nor does it constitute legal advice to any person reviewing such information, nor will it be considered an attorney-client privileged communication. If you do not agree, then stop right here, and do not read any further.
The title agent reviewing the title should readily see that the widow does not have the right to sell the property as title is vested in the children of the decedent. If the sale did take place, you would have a right to sue to get the property back, anyway.
Rather than rely on this, I would take the extra step of having a Florida attorney send a certified letter to Coldwell Banker notifying them of the failure of the widow to have title and demanding that the sale not proceed. I would enclose a copy of the deed with your letter.
Coldwell Banker will then have a duty to stop the transaction based on the knowledge they will possess. If they fail to act on it, they will be in violation of the rules of the Florida Real Estate Commission (FREC) and could face severe sanctions including possible loss of their license which I sincerely doubt they might risk.
Scott R. Jay, Esq.