What is my liability on an inherited home if no payments have been made in years?

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What is my liability on an inherited home if no payments have been made in years?

I am being sued by a bank for non-payment on my parent’s home. I have never been on the note and it was quick deeded to my brother 5 years ago. My parents are both deceased and my brother has passed away as well. I have been listed as an heir to him but have never been on the note. Should I be worried? I answered with I have no vested interest in the home. His girlfriend is still living in the home there.

Asked on August 10, 2012 under Real Estate Law, Florida

Answers:

david slater / david p.slater, esq.

Answered 9 years ago | Contributor

Since you have no interest in the house, you are not liable.  However, do not ignore the court proceedings or you will lose by default.


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