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Fair play deal (question)

Tilikum · 2017-04-26 11:21:20

Hi guys, Probably a silly query but, I understand that the house needs to be out of my fathers name for 5yrs or the HSE can take 22%. My Dad signed over the house last January. What happens if I sell the house now and buy another, putting myself & my wives name's on the deeds. Would they still be entitled to 22% of the new…

26-04-2017 11:21am

#1

Tilikum

Closed Accounts Posts: 994 ✭✭✭

Join Date: October 2013

Posts: 895

Hi guys,

Probably a silly query but, I understand that the house needs to be out of my fathers name for 5yrs or the HSE can take 22%.

My Dad signed over the house last January. What happens if I sell the house now and buy another, putting myself & my wives name's on the deeds.

Would they still be entitled to 22% of the new home?

0

Comments

#2 26-04-2017 11:25am

infogiver

Banned (with Prison Access) Posts: 2,505 ✭✭✭

Join Date: October 2016

Posts: 2483

Tilikum wrote: »

Hi guys,

Probably a silly query but, I understand that the house needs to be out of my fathers name for 5yrs or the HSE can take 22%.

My Dad signed over the house last January. What happens if I sell the house now and buy another, putting myself & my wives name's on the deeds.

Would they still be entitled to 22% of the new home?

Yes they would.

0