Legal Question in Wills and Trusts in Maryland
Right of refusal cocerning property
In my grandfathers will he stated that my uncle, his son, has the first right of refusal to purchase his house in the event of his death, which has occured, giving me second right of refuasal. If my uncle does decide to buy the house, does he have to live in it, or can he buy it and sell it to another family member ( his son) preventing be from buying the house, and eliminating my rights?
2 Answers from Attorneys
Re: Right of refusal cocerning property
1. Read the Will! The answer may be there...If the will is silent, he can do what he pleases with it...remember, this is a gift..
Re: Right of refusal cocerning property
Without reading the will first I can't give a
definitive reply, but chances are he can do with
the property as he wishes once he takes it. Part
of property ownership is the right to sell it as
one wishes. If there are no restrictions in the
will, then he is probably free to do as he sees fit.
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