Legal Question in Real Estate Law in Maryland

my father-in-law currently owns 4+ acres of property in Cecil County, MD. The property is adjacent to my property. We wish to transfer ownership of the property to my name so that we can pay the propert taxes. What needs to be done?


Asked on 2/15/11, 10:22 am

1 Answer from Attorneys
Phillip M. Cook Cook Legal Services, LLC

A deed needs to be prepared, preferably by an attorney. The deed will need to be properly executed by your father-in-law and recorded in the Cecil County, MD land records. You should also consult your CPA or tax advisor before making the transfer to see what the income/gift tax implications are for you and your father-in-law.

Best of luck.*****The above is for informational purposes only and does not create an attorney-client privilege.*******

Read more
Answered on 2/15/11, 10:35 am


Related Questions & Answers

More Real Estate and Real Property questions and answers in Maryland