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Budget and the Bees
Budget and the Bees
Latrice Perez

10 Housing Contracts That Expire the Moment a Spouse Dies

Housing Contracts
Image source: 123rf.com

For most couples, their home is their greatest asset and the center of their shared life. Many people dangerously assume that the surviving spouse automatically inherits the property when one spouse dies. While this is often true, it is not guaranteed. Your legal right to remain in your home depends on the fine print of your deed, lease, or loan agreement. These critical housing contracts can expire or become due upon a spouse’s death. This can put the surviving partner in a precarious, heartbreaking position. They may face losing their home while grieving.

Here are 10 types of housing agreements that can put a surviving spouse at risk.

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