Informed, compassionate and discreet elder law and estate solutions
The Charles Law Offices
Largo Office Wells Fargo Building
801 West Bay Drive, Suite 518
Largo, FL 33770
Phone: 727-683-1483
Toll Free: 866-499-3322
Clearwater Office Hodusa Towers
28870 U.S. Highway 19 North,
Suite 300
Clearwater, FL 33761
St. Petersburg Office Crossroads Office Center
1700 66th St. N.,
Suite 209
St. Petersburg, FL 33710

Text Size:

Why You Should Work with an Attorney When Selling Your Parents’ Florida House

It’s a situation many adult children find themselves in, especially here in Florida. Their parents pass away, leaving behind a home that was still in their name. The question becomes: what do we do with the house?

It is important to understand that this is not as simple as transferring ownership into your name (if you are the child of the deceased) and then selling it from there. In fact, doing so could result in negative consequences.

The issue of disclosures

When selling a home, the seller would normally be required to disclose everything about the property that could negatively impact its value in the eyes of the buyer. However, an exception exists when it comes to properties being sold as part of an estate sale. Buyers in these circumstances are purchasing the home as is, and the normal disclosure rule does not apply.

If you were to transfer ownership of the home to your name, however, you would assume responsibility for making these disclosures. If you don’t have to do that, you should avoid it at all costs.

Before you open probate, you should put a hold on the sale of the property until you consult a probate administration attorney, who will help you become appointed as the executor of your parents’ estate. That will give you the legal authority to sell the house.

As you can see, selling a parent’s home in Florida is not quite as simple as it may seem. To make sure you are moving forward in a way that protects the best interests of you and your loved one, work with an experienced probate attorney at the Charles Law Offices.

Post a Comment

Your email is never published nor shared. Required fields are marked *

*
*

Contact Form
Close

Contact Us

  • This field is for validation purposes and should be left unchanged.