How Death Can Complicate a Real Estate Transaction
Real estate transactions are often carefully timed and structured. Financing approvals, inspections, title searches, and closing dates are coordinated weeks or months in advance. When one of the parties to the transaction dies before the deal is completed, the legal and practical consequences can be significant. A death can delay closing, create uncertainty regarding authority
This is a short preview. The article was written by Isenberg & Shuman and the full text is on their website.