Legal Question in Real Estate Law in Massachusetts

Re: home ownership transfer

Yes. Have your dad prepare a deed from him to you. You may wish to seek legal and/or accounting advice concearning the tax implications of a comtemplated transfer.

Re: home ownership transfer

Your father can gift you the home, but it will involve a gift tax issue for him;

If there is a mortgage on the property you will need the Mortgage companies consent. There may be some other ways to accomplish this without incurring much or any tax or requiring you to purchase the home but substantially more information would be needed.

If you want to discuss the matter, please call my office to set-up an appointment.