Legal Question in Real Estate Law in Georgia
title transfer
My parents are getting older and would like to transfer the ownership of their home and land to me. The property is paid, free and clear of and debts, assessments, liens, or any other obligations. What is the best and least complicated way of doing this? Can they donate the property to me with a simple form notarized and submitted to the court and county assessor office?
Asked on 8/03/03, 4:49 pm
1 Answer from Attorneys
Charles W. Field
Charles W. Field, Attorney at Law
Re: title transfer
The simplest way is just for them to sign a deed over to you. HOWEVER, you MUST consult with a a CPA because there could be dire tax consequences.
Answered on 8/03/03, 4:59 pm