What happens to the Unison agreement if I pass away?

If you are not survived by anyone else on the agreement, then your heirs or estate will be required to settle the Unison agreement, follwing a 180-day grace period. This may require raising funds from a home sale, mortgage refinance, or another source.

Since your home does not automatically pass to heirs who are not signatories to the agreement, it’s important that you discuss your decision to enter into the Unison agreement with your heirs so that they understand the effect it could have on your estate.