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Updated over 13 years ago on . Most recent reply

Account Closed
  • North Queens, NY
1
Votes |
8
Posts

indemnification agreements or liability waiver

Account Closed
  • North Queens, NY
Posted

Can I have a handyman live in basement of NYC home, in exchange of up to 12 hours weekly work, for up to 3 to 6 months rent free - - if he signs a waiver of landlord liability and takes renter's insurance - - since home is uninsured?

Most Popular Reply

Account Closed
  • North Queens, NY
1
Votes |
8
Posts
Account Closed
  • North Queens, NY
Replied

Thanks, Mr. Gulley. I LOL all the time at my situation. My mom flips RE in San Bern, Ca and in South America . . . so I persuaded her that in order for me to move and buy a new place, she would have to relinquish her 50%, as per title and maybe accept a figure, which I think I should include in PoA, of about 100G's. Me and my daughters would take higher than our 25%, as per title, be able to move into new place with that amount, X would still get undeserved 25%. My Atty just contacted me:"The power of attorney needs to be the current New York Statutory short form. I would advise that it be prepared by an attorney. It can be signed outside the US but then it needs to be acknowledged by a US consular official, otherwise by a notary in the US." so I would include her $100,000 agreed to sum in this doc and hope she signs it!

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