Family Home Rental Concerns

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Am in the right if i am poa over my parent and i feel it isnt right that my family members are living in their home and paying below market rental rates?
As a POA, you're responsible for making decisions in your parent's best interest. If you believe the rent is too low:
- You can review the lease agreement.
- Consult with an estate or elder law attorney.
- Depending on your location, you may be able to adjust the rent.
Remember, laws vary by location. Could you please share it?
I want to sell it instead parent has never lived in the home either. Am i right in my decisin
As a POA, you have the authority to sell the property if it's in your parent's best interest. However, you must:
- Notify tenants and terminate lease according to local laws.
- Seek legal advice before selling.
- Follow all local real estate laws.
Please share your location for more specific information.
Can i sell at any price like below fmv
As a POA, you can sell the property at any price, including below fair market value (FMV). However, consider these points:
- Ensure sale is in the best interest of your parent.
- Understand potential tax implications.
- Consult with a real estate attorney.
Please share your location for more specific information.