Legal Question in Wills and Trusts in New York
My stepfather died a year ago and left a rental property to be split three ways between his two daughters and my mother. My mother has given up her third to be split equally between her two stepdaughters. All of the paperwork has been drawn up and been signed by two of the parties but the third party who lives out of state refuses to sign for some reason. The question is, how long can she hold this transaction up? My mother is in her late 70's and doesn't want to be burdened with taking care of a rental property on her own. Is there a statute of limitations on something like this where it can just go to the one daughter who has signed?
Asked on 1/20/11, 6:11 am
1 Answer from Attorneys
Carol Ryder
Law Office of Carol Ryder PC
Depends on the title (e.g. tenants-in-common, jtten, etc.)
Answered on 6/09/11, 4:40 am