Whose is it?

[woods]

My husband and I were renting to own a house and lot from an individual, which we had signed documents agreeing that when it was paid off that it would be signed over to us. We were not living in it yet b/c it needed alot of work that we were doing. THe house burned, since we have this agreement stating that upon payoff, which insurance will pay it off, that it was to be signed over to us. Whose property will this be now, will they get it back and we just lose all the money we have invested or do we get it???

Normally it would be yours if it was your insurer paying.

If it was his insurer paying then it gets a little more complicated, and in part depends on your agreement...