Legal Question in Real Estate Law in New York
life use
My husband and I purchased my mother-in-law's home with a life use stipulation for her. Unfortunately things have turned sour. Are we stuck with this house and her forever???
Asked on 9/23/08, 8:39 am
1 Answer from Attorneys
Michael Markowitz
Michael A. Markowitz, PC
Re: life use
I do not know what you mean by "life use stipulation." Do you mean "life tenant?"
If she is a life tenant, she is entitled to possession of the house during her life or unless she waives the tenancy.
Mike.
Answered on 9/23/08, 11:40 am