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Shared vacation home

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S

stanis

Guest
2 married couples (tenants-in-entirety) each own 1/2 interest in vacation home in Delaware.
1-Where could I see a sample agreement covering issues like usage,responsibility for maintenance, etc?
2-Should any agreement items be made as covenants on the deed?
3-Are heirs bound to any agreement the present owners make?
4-If either couple sells their half, would future owners be bound by the agreement?
 


HomeGuru

Senior Member
!. Consult an attorney.
2. yes
3. yes
4. yes

You are mistaken as to the tenancy: it is not TE, it is JT.
 

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