Legal Question in Real Estate Law in Georgia
Who owns condo?
This is kind of a confusing situation regarding ownership of a condo where my boyfriend and I live. Following is a description of the situation - he is ''Son'':
His Grandmother was the original owner of the condo. She became terminally ill in 1997, so his Mother and Grandmother filed quit claim deed to have joint titleship of condo. Grandmother died later in 1997. Son moved into condo after Grandmother died. Son has paid city and county property taxes and mortgage payments on condo since that time. Mother and son co-signed a refinanced mortgage loan (and security deed) on condo in 2000. Mother died in another state later in 2000. His Mother did not have a will at the time of her death. His Stepfather (who moved back to GA soon after Mother's death) is executor of her estate and feels the condo should belong to the Son. Superior Court real estate division says the joint titleship between Mother and Grandmother is the most current property deed on file for the condo, and they show no record of an ownership transfer between Mother and Son. After Mother's death did her share of the condo default to Son's ownership since he shares security deed with her and has resided in condo for 6 years?
1 Answer from Attorneys
Re: Who owns condo?
No. Grandmother's share gets distributed according to her will, or, if no will, by intestate succession defined by GA law. The mother's share gets distributed by the law of intestate succession. Family members need to be identified and ownership would be distributed accordingly. If all agree, they can deed their shares to the son. You would need an attorney to help you with this.