So, what are the rights and obligations of a minority part-owner of a house received by an inheritance?
In terms of liabilities. being in the loop for any decisions on repairs/improvements, key access, etc. There is no CAT due to the threshold and value involved.
4 owners of an inherited house, 3 own roughly 95%, minority part-owner owns 5%.
One owner resides in the house.
In terms of liabilities. being in the loop for any decisions on repairs/improvements, key access, etc. There is no CAT due to the threshold and value involved.
4 owners of an inherited house, 3 own roughly 95%, minority part-owner owns 5%.
One owner resides in the house.