Legal Question in Wills and Trusts in Florida
For a Florida Condo, can I sell a life estate where myself and one other person would jointly share in the life estate with right of survival. Would we be jointly responsible for the expenses and mortgage
Asked on 12/29/10, 1:52 pm
2 Answers from Attorneys
You can sell a life estate interest, but its would be difficult to sell. If there is a mortgage, it would violate the terms
Answered on 1/03/11, 4:11 pm
David Slater
David P. Slater, Esq.
Assuming you can obtain consent of all necessary parties, this can be done.
Answered on 1/04/11, 7:15 am