Legal Question in Real Estate Law in New Hampshire
My friend and her sister share lake property (through death of parents). They are both listed on the deed and divide the expenses.
My friend wants to make the lake property her permanent address. Her sister is having issues with this saying that if "my friend" wants to move to the lake, SHE should pay all bills associated with that house. Can my friend move to the lake property and have her sister still responsible for half of all the bills?
1 Answer from Attorneys
Family issues of this type are very complicated from a legal perspective. There are numerous ways to address this type of problem. The underlying issue is the need for the two parties to come to an agreeable solution. If not, then one party may buy the other's interest or either may petition the court to have the property sold and the proceeds divided. Cleary, the last option is the sale of the property. Therefore, it is to the advantage of the family that an arrangement be made to deal with the allocation of expenses and the benefits of ownership. I suggest that working with an attorney to craft a workable settlement will be to the advantage of everyone.
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