Husband of Late Zsa Zsa Gabor Reaches Agreement to Stay in Home After Sale | BH Courier

Husband of Late Zsa Zsa Gabor Reaches Agreement to Stay in Home After Sale

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Posted: Thursday, February 2, 2017 – 1:47 PM

(CNS) – The husband of the late Zsa Zsa Gabor reached an agreement with the buyers of the couple’s Bel Air home, allowing him to temporarily remain in the residence after the April 17 scheduled turnover date, but the plan needs court approval.

Frederic Prinz von Anhalt filed a petition Wednesday in Los Angeles Superior Court outlining the proposed modifications in the sale of the home where Gabor died Dec. 18 of cardiac arrest, about a month and a half shy of her 100th birthday.

“Currently, the terms … give (von Anhalt) just four months after the death of his wife to vacate their marital abode,” the petition states. “(Von Anhalt) is still grieving and also does not have anyplace else to go. This is not realistic.”

Von Anhalt will not have enough money to buy or lease a new residence until after escrow closes on the home, according to the petition.

In May 2013, Judge Reva Goetz, who is now retired, approved the sale of the couple’s home for $11 million in a deal that allowed Gabor to remain there for the time being. The buyer is identified in the petition as a company, 1001 Sky View LLC.

The petition states that under the agreement between von Anhalt and the buyers, the home’s purchase price would be reduced to $10.7 million and von Anhalt would lease the property for $1,000 a month for up to six months. He will still have to turn over title to the home on April 17, when escrow closes, according to the petition.

Von Anhalt also is asking that the home be declared an asset of the Gabor trust rather than the conservatorship, which will ease the tax consequences, according to the petition. He has served as conservator of Gabor’s estate since July 2015.

A hearing is scheduled for March 22.

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