Q: How long can I keep a condo in my dads name if I’m living in it and there’s no mortgage. What are highs and lows?
Thank you for your respond. There is/was nothing outstanding and everything is paid to date including HOA. I’m wanting to know how to fly under radar of condo association if there cashing HOA checks from my checking, I’ve resided in since February and I was willed the property outright. I wanted to know if I even have to be approved or my girlfriend who also lives here and is schizophrenic and was Baker acted in March but is following a treatment plan and on upward swing. I guess I want to know if I can be bullied or do I have any leverage
A: If you have insurance that will be a problem potentially right away, if your dad had homestead tax advantages that can be a huge problem at some point with taxes and penalties. If your father has passed away, you will want and need to review the current deed and see how it is titled, in addition, you will want to speak with a Florida Probate Attorney and find out about getting the property into your name so if you want or need to get a loan or sell it that there will be no problems. Generally it will depend a lot on what else is going on and what has occurred, sale, transfer, death, etc.
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