All Forum Posts by: James A Hart

Hi Matthew,

Thanks for your response. He was diagnosed about three months after we closed on the property. The unit in the duplex that my brother was in is now vacant and we're taking the opportunity to make some improvements. I'm wondering if we have to wait until one year has passed before renting it out, or if there are any exceptions to this rule. Thanks again.

Hello,

My brother and I recently purchased a duplex that was going to serve as his primary residence. Because of this, we applied for a "primary residence" loan. Since we bought the property, our dad became sick and my brother will now be living at home with him instead of moving into the new duplex. What are the laws around dealing with this in regards to the one year occupancy requirement on our mortgage?

Thanks for any help.