Scenario: I help to pay a mortgage (example: mortgage amount is 100k, I pay 75k toward the principle) but I am not on the mortgage note, nor am I on the deed. When the homeowner is deceased, the home will go to the children. Am I able to claim an interest in the house based on the payment I made?
Answer
Not necessarily without more information. Why are you paying it? Are you loaning money? Is it a gift? Is there any agreement on repayment or interest being acquired?
More is needed.
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