Legal Question in Real Estate Law in New York

Re: tenants in common

If you take title as Tenants in Common, then the children would receive their parent's share of the property.

I would also create a partnership agreement with the house. The agreement would cover things such as payment for the house, sale of the property if you separate from the boyfriend, and disposition of the property after death.

Mike.

Re: tenants in common

If you are buying real property in NY it is imperative that you retain the services of an experienced attorney to represent you and guide you through the process you will need much more than just which deed to use.

We have substantial experience handling these types of cases, however, we would need some more information before making a complete and proper determination. You are welcome to contact us for a free consultation.

Gordon

Law Offices of

STEVEN J. CZIK, P.C.

101 Avenue of the Americas, 15th Floor

New York, New York 10013

212.413.4462

[email protected]

The information provided by The Law Offices of Steven J. Czik, P.C. (LOSJC) is for general educational purposes only. There is no attorney-client relationship established by this communication and no privilege attaches to such communication. LOSJC is not taking and will not take any action on your behalf and will not be considered your attorney until both you and LOSJC have signed a written retainer agreement. There are strict deadlines, called statutes of limitation, within which claims or lawsuits must be filed. Therefore, if you desire the services of an attorney and decide not to retain LOSJC on terms acceptable to LOSJC, you are advised to immediately seek the services of another attorney.