Legal Question in Real Estate Law in Washington
two brothers inherited a house, both listed on deed, brother A has lifetime tenancy, brother B wants to be removed from title and recieve his 50% equity. Brother A non-compliant and unable to secure loan for buy-out both in 80's. What are the options for brother B?
1 Answer from Attorneys
1. How could their names be on the deed if the house is inherited?
2. Brother A is non-compliant in what way? He has the right to live there for his lifetime (assuming by "lifetime tenancy" you mean "life estate"). Assuming no other owners, Brother B gets the whole value after Brother A dies. (That they are in their 80's is immaterial except that brother B may have little or nothing depending on how long Brother A lives and how the ownership and remaining interests are designated.)
3. Brother B could buy out Brother A's interest and sell the house himself.
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