Legal Question in Real Estate Law in Maryland
How do you add a name to a deed
My husband and I want to add our names to my parents property. What is the correct procedure for doing this and what kind of form (i.e., deed of trust, assignment of mortgage, etc.) is required. Thanks.
Asked on 1/20/99, 3:29 pm
1 Answer from Attorneys
Daniel Press
Chung & Press, P.C.
Re: How do you add a name to a deed
Your parents need to do a deed from them to them and you. If there is a mortgage, you need to look at the due-on-sale clause to see if this transaction is a default. See a lawyer before you do this, as it can often have SERIOUS adverse tax consequences.
Daniel Press
Chung & Press, P.C.
6723 Whittier Ave., Suite 302
Answered on 1/29/99, 2:23 am
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