Once you agree on terms of the offer and both parties sign you have an executed agreement.

The last improvement or worthwhile repair was in 1997, The uncle really let it go…Linval- Your right about the family part, I didn’t want to type to much in the initial post, but I keep going back to the numbers because the money that the in-laws get from the sale will get the 3 brothers who are essentially squatting in the other property to move out.

I am 49 years old, for the most part I am retired and have been last 3 years with the exception that I like to collect  rental properties.  

This means that the court will distribute according to the Order.I've never seen an Order which designates anything both the named parties or entity. 

I always have a neutral third party or my attorney hold it.

Under Florida law either party can give notice to vacate with 15 days notice.

The distinction is when you are doing repairs and a 3rd party will be occupying the house. 

Wow, i am getting to this party very late.

Hi Jimmy,I require my tenants to have it, and I have them list me on their policy as an additional insured party.  

It's all about finiding and negotiating a win-win for each party.