Legal Question in Wills and Trusts in Florida
My parents entered into a Purchase agreement to buy a condo. Since that happened my father died without a will. Now my mother wants out of this agreement since it seems the developer is might go into bankruptcy. The developer and the title agency that holds the down payment have agreed to return 50% of the money. But now they say it has to go to my father estate. My question is this: since the agreement was between the developer and a married couple doesn't that constitute a Tenancy by the Entirety for the buyers (my parents) which would mean that the surviving party (my mother) receives the interest of the deceased?
Asked on 8/11/10, 9:13 am
1 Answer from Attorneys
Lucreita Becude
Lucreita D. Becude, P.A.
I suggest you get an attorney. I believe you would be entitled to the full amount depending on what the agreement stated.
Answered on 8/16/10, 9:41 am