Legal Question in Wills and Trusts in Florida
Transfer Home with a Lien
If I will my home to my son will a current lien on the home prevent the transaction.
Asked on 5/08/08, 11:26 pm
2 Answers from Attorneys
David Slater
David P. Slater, Esq.
Re: Transfer Home with a Lien
No, but he takes it with the lien.
Answered on 5/09/08, 6:59 am
Alan Wagner
Wagner, McLaughlin & Whittemore P.A.
Re: Transfer Home with a Lien
No -- but the lien does not go away. The lien remains with the house. Depending on the type of lien, the lien may need to be satisfied before transfer or the house may have to be sold to satisfy the lien if other assets in the estate cannot do so.
Answered on 5/09/08, 9:34 am
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