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Buy part of one's parents' house

  • 03-04-2016 9:49pm
    #1
    TedKenny
    Registered Users, Registered Users 2 Posts: 16 ✭


    If one were to buy part of one's parents' house, what would be the best way to ensure they had the same rights, in both the the bought and the unbought parts of the house, for their lifetime?


Comments

  • #2
    johnnyskeleton
    Moderators, Entertainment Moderators, Politics Moderators Posts: 14,556 Mod ✭✭✭✭johnnyskeleton


    TedKenny wrote: »
    If one were to buy part of one's parents' house, what would be the best way to ensure they had the same rights, in both the the bought and the unbought parts of the house, for their lifetime?

    The best way would be to get a solicitor to deal with it. Trying to do it yourself may work out, but then again it may not.


  • #3
    uck51js9zml2yt
    Closed Accounts Posts: 18,268 ✭✭✭✭uck51js9zml2yt


    Just be aware that if you get a mortgage to buy it and fail to meet the repayments that the house could be repossessed.
    Get a good solicitor to deal with the legal issues.


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