08-26-2019, 08:59 PM
One possible interpretation of the overall situation: Mavis and her husband want the property to pass unencumbered to Mavis’s daughter upon Mavis’s and the husband’s passing. That’s why Mavis has never allowed Gene to contribute any money toward the cost of the condo. The daughter is ratcheting up the certainty of no claims from Gene by compelling Mavis to now bar Gene from the property altogether.
Possible solution? Gene signs a formal renter’s agreement with Mavis, clearly showing he is a renter only and has ZERO claim on the property should she pass away before him.
Will she (and her daughter) go for it? Maybe, if the rental income from Gene is enough to significantly help Mavis out financially.
Edit: Yikes, lots of typos in here!
Possible solution? Gene signs a formal renter’s agreement with Mavis, clearly showing he is a renter only and has ZERO claim on the property should she pass away before him.
Will she (and her daughter) go for it? Maybe, if the rental income from Gene is enough to significantly help Mavis out financially.
Edit: Yikes, lots of typos in here!