Legal Question in Real Estate Law in Illinois

Can someone who has financially contributed to household expenses ever have a claim on the proceeds of the home once it is sold. Their name is not on the deed.


Asked on 6/16/15, 11:09 am

1 Answer from Attorneys
Michael Goldberg Johnston Tomei Lenczycki & Goldberg LLC

The short answer is no. You cannot have a lien against the property unless you have a written agreement (among other requirements), which means that without the written agreement you cannot claim any proceeds of a sale.

Instead, you may have a general unsecured claim for the money if you had a verbal agreement. Even then you would have a problem of proving such an agreement.

Merely contributing to household expenses most likely will be determined to be a gift that does not need to be repaid.

Read more
Answered on 6/16/15, 11:22 am


Related Questions & Answers

More Real Estate and Real Property questions and answers in Illinois