Legal Question in Real Estate Law in Florida

quit claim

Can I quit claim my condo to my minor daughter

as joint tenancy with right of survivorship, does she need a guardian? Is it difficult to reverse the process if necessary, or can I file in the future. Thanx


Asked on 2/07/06, 9:02 am

1 Answer from Attorneys

Scott R. Jay Law Offices of Scott R. Jay

Re: quit claim

NOTE: This communication is not intended as and should not be interpreted as legal advice. Rather, it is intended solely as a general discussion of legal principles. You should not rely on or take action based on this communication without first presenting ALL relevant details to a competent attorney in your jurisdiction and then receiving the attorney's individualized advice for you. By reading the "Response" to your question or comment, you agree that the opinion expressed is not intended to, nor does it, create any attorney-client relationship, nor does it constitute legal advice to any person reviewing such information, nor will it be considered an attorney-client privileged communication. If you do not agree, then stop right here, and do not read any further.

The simple answer is yes, you can. The smart answer is absolutely Not!

If you transfer the property to a minor, you will be unable to mortgage, sell or otherwise transer the property until she reaches the age of majority without having a guardian formally appointed by the court which is a very costly procedure.

I do not know what your goal is, but I am sure that there are better ways to acheive the same result without doing something as foolish as this. I stronly suggest that you consult a competent real estate attorney in your area to review this situation.

Scott R. Jay, Esq.

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Answered on 2/07/06, 10:41 am


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