hi just want to see if anyone knew of this situation and what position legally my fil is in.
my fil has his name on the deeds of a house which his brother lives in. the brother own 2/3 and my fil 1/3. someone advised me yesterday that because his brother is living in house for last 20 years that if you are living in the house more than 12 years, the ownership of the house automatically goes to his brother, surely that couldn't be right if his name is on the deeds? can anyone shed any light?
many thanks.
my fil has his name on the deeds of a house which his brother lives in. the brother own 2/3 and my fil 1/3. someone advised me yesterday that because his brother is living in house for last 20 years that if you are living in the house more than 12 years, the ownership of the house automatically goes to his brother, surely that couldn't be right if his name is on the deeds? can anyone shed any light?
many thanks.