Re: Tenants in Common vs Probate
well, those involve have to have knowledge of a deed concerning their name. If they aren't, there is a good chance the deed defective.
Deed executed without knowledge or consent of many involved.
What are rights of all co-owners RE:
any TIC can grant these rights to anybody they wish
1. Granting non-owners access to property, without consent of other owners, for the purpose of using, maintaining, repairing, cleaning, renovating or anything-ing short of destroying.
the property leaving has nothing to do with the TIC's. That is a probate/estate issue.
2. Allowing estate property contained within home to remain in home or be removed from home.
as to the items staying; unless the estate is being charged for the storage space, nothing to do about it.
those items would be available to the probate process if needed. They were part of the life estate holders estate.
3. Accessing financial records pertaining to insurance, taxes, utilities, repairs, etc.
4. If partition becomes necessary, do any of the above rights change during the partition suit process?
when a court says they do in response to filing for an injunction.
situation most likely will result in a loss of much, if not all value of the residence. The legal costs will eat a lot real quick.
Children many, cooperation minimal, communication little, possibility for agreement non-existent, willingness to buy-out/sell-out low, potential for liability great, situation ugly.
what is this "buy out/sell out low" thing? Why should anybody expect less than their fair share of true market value if selling out?
I am not an attorney and any advice is not to be construed as legal advice. You might even want to ignore my advice. Actually, there are plenty of real attorneys that you might want to ignore as well.