The man who owned the house deeded it to my husband cause he was going to lose it. My husband paid off the amount owing on the house. This was over 5 years now. My husband told him he could live there rent free as long as he wanted. He moved. My husband fixed the house up very well so it could be rented. As soon as it got rented out the old owner of the house demanded to get "equity" that he said was owed to him. What should we do?

The facts are getting a little complex. We will need to look at the price of house at the time, how much was paid by your husband, any witnesses to that "verbal agreement". We need to also analyze whether that verbal agreement is enforceable. The issue now if you pay him some rent, where and when does it stop?? It maybe that you get a feel what exactly he wants. If it is reasonable, hire an attorney to memorialize that agreement. I could help if you decide to do that. You can email me if you wish.