Can adult w/ cerebral palsy own a home or property?
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I have a brother age 50 and as much as I would love to have him live with me. I can't. I live on second floor and I am told he can't because it would be a problem in case of emergency. But He wants me to find a place where he can move with me. Me and my husband have been looking for first floor apartments (we all are in the NYC area) But there hard to find. I spoke with my husband about it. Hoping to find a house to buy...but I am sure there are more resources for my brother to get loans than us. And it would be his home and we are his tenants.
Can adult w/ cerebral palsy own a home or property?Yes. Only being the subject of a guardianship or conservatorship bars an adult from owning property in his or her name, and in that case, the guardian or conservator can purchase the property in the name of the infirm adult.
A word of advice: If you and your husband intend to buy property with your brother for all of you to live in, sit down and write down everything about how title is to be held, how a decision when to sell the property is going to be made, how any profit or loss is to be divided, what happens if/when one or more of you dies, who gets which room(s), who pays the taxes, insurance, what happens if your brother's health forces him into a long term care facility, what happens if your husband's job gets transferred across the country, etc. etc. Then take all of what you have written down to a good attorney to have him/her ask you a whole lot more "what if?" questions, and then have the attorney write up a formal contract that you all sign.
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