Legal Question in Real Estate Law in Kentucky
property in 2 names
my father put 6 acres in his and my name in survivorship. i got a mortgage to put a modular home on the land, he had to sign also because his name is also on the deed. can he at some future time put in his will that he wants that land to be sold upon his death, and leave me without the property and place to live. in short am i save to assume that i will be able to live there without fear of him changing his mind about me having that few acres?
1 Answer from Attorneys
Re: property in 2 names
I would have to see the Deed to give a firm opinion, but if the Deed is in your father and your name, with survivorship, then the Will of the first to die will not affect ownership of the land. The deed controls and full ownership will pass to the survivor. Of course, the survivor can then transfer the land.