[WSBARP] Lease for Life in Seattle

[Elizabeth [Lisa] M. Carney]

Colleagues,

Seeking assistance on preparing a lease for life.  Residentially speaking.

Story is... daughter is the only name on title of property that was always intended to be where her father lived until he died. Some all of the money used for purchase was from father. There is a current lease, suboptimal, bordering on worse than no lease at all.

Skip option of putting father on title.

Daughter wants to ensure father gets to stay there until he dies. Also, I am aware a person can get a tax break as a senior even if not an owner, but with a lease for life.

Questions- [1] what additional language may be needed in the lease? , and [2] what are the extra steps needed to have lease properly noted to be eligible for the tax relief?

Do you know anyone who might have an example of a lease for life?

Thank you for assistance or direction.

Best,
Lisa




   Elizabeth [Lisa] M. Carney
         Attorney at Law

[devrieze-carney logo 6 13_60%]
de Vrieze | Carney pllc
3909 California Avenue SW
Seattle, WA 98116-3705
Phone: 206.938.5500
Fax: 206.535.6264
Carney at WestSeattleLaw.com<mailto:Carney at WestSeattleLaw.com>
www.WestSeattleLaw.com<http://www.westseattlelaw.com/>
The firm of deVrieze | Carney PLLC will be closed Fridays: July 15, July 22, July 29, Aug 5, Aug 12, Aug 19 and Aug 26.
CONFIDENTIAL & PRIVILEGED. This e-mail message may contain legally privileged and/or confidential information.  If you have received this e-mail in error, please notify the sender immediately and delete all copies of this e-mail message and any attachment. Unless you have previously signed an engagement agreement with this firm, and the firm has accepted you as a client, NO exchange of information by virtue of emails or communications will create any attorney client relationship, including any duty of confidentiality, between sender and/or recipient.
Click here to connect with de Vrieze | Carney on Facebook:   [FB Logo] <https://www.facebook.com/DeVriezeCarney>

-------------- next part --------------
A non-text attachment was scrubbed...
Name: winmail.dat
Type: application/ms-tnef
Size: 31764 bytes
Desc: not available
URL: <http://mailman.fsr.com/pipermail/wsbarp/attachments/20220801/9adbd771/winmail.dat>