Legal Question in Real Estate Law in New York
LifeTime use of home
Home owner legally signed home over to individual requesting that home owner be given life time use of home. Whom is responsible for home repairs?
Asked on 7/24/03, 4:33 pm
2 Answers from Attorneys
Seth Kaufman
Seth M. Kaufman
Re: LifeTime use of home
You need to give more information in order to get a good answer.
Answered on 7/26/03, 12:06 pm
Walter LeVine
Walter D. LeVine, Esq.
Re: LifeTime use of home
If the transfer was silent on this, the responsibility is usually on the home owner. Who is responsible for payments of taxes, insurance and other carrying charges? The repair liability usually follows this responsibility. It could be argued, if no money was exchanged, that owner has responsibility. If money was exchanged, this could shift responsibility. These matters should have been covered at the time of transfer.
Answered on 7/25/03, 10:50 am