Legal Question in Real Estate Law in New York
A property was inherited by seven siblings.They all aged and passed away with the exception of one sibling whose name is no longer on the deed because she put her children's names on the deed. Are all of the children of the seven siblings equally responsible for liability and maintenance? What happens if a slip and fall suit occurs? Can all cousins be held liable?
1 Answer from Attorneys
I assume from your question that there is one deed with the names of several "children" (I will call them X, Y, and Z). Therefore, to answer your questions:
Q. Are all of the children of the seven siblings equally responsible for liability and maintenance?
A. No. Just X, Y, and Z who are named on the deed.
Q. What happens if a slip and fall suit occurs?
A. X, Y, and Z, who are the title owners to the property, may be held responsible. Therefore, it would be in the best interest of X, Y, and Z to obtain liability insurance for the property.
Q. Can all cousins be held liable?
A. No. Just X, Y, and Z.
Mike.
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