Legal Question in Wills and Trusts in Florida

wills, trust and estate

We moved from NJ to Florida with a older gentleman friend of ours. We called him Dad even though we were not related. Dad was the only one able to obtain a mortgage. He passed away on May 19th leaving everything to me. My question is will I be able to keep the home we were living in together, as I was making the mortgage payments or will the mortgage company make me sell?


Asked on 5/21/07, 9:59 am

1 Answer from Attorneys

Scott R. Jay Law Offices of Scott R. Jay

Re: wills, trust and estate

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.

You will probably be allowed to continue making the payments to the lendor. Most mortgages contain a due on sale or transfer clause. A specific exemption is made when the property transfers due to a legal process i.e. probate. The heirs of the original mortgagor are allowed to take title to the property providing they continue to pay the mortgage.

A probate will need to be filed for the decedent's estate. I would suggest that you review this matter with the attorney for the estate.

Scott R. Jay, Esq.

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Answered on 5/21/07, 10:14 am


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