Legal Question in Real Estate Law in New Jersey
How to add someone to my home deed
I have a 15 year mortgage in my name with 13
years left to pay. I wish to have my companion's
name added to the mortgage and/or deed so that
she may have the right to the property when I die.
I want to avoid her paying inheritance tax on it.
Can this be done without going though a closing
process and incurring a big expense?
2 Answers from Attorneys
Re: How to add someone to my home deed
We can assiat you.
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Re: Transferring an interest in real estate
This can easily be accomplished by having the owners of the real estate sign a QuitClaim Deed conveying their interest in the property to themselves and the new person. Any real estate lawyer can accomplish this. Keep in mind that this advice is based purely on the little bit of information that you have given to me. There may be other factors that would change my opinion. Further, no one can rely on advice from an attorney who has not been retained. Since it appears that you have not retained an attorney, before you take any further action, you should contact an attorney (either me or someone else) to discuss your matter in more detail. Only then will you be able to rely on the advice. I will be happy to assist you. However, you need to call me at 856-546-8010. If you mention LawGuru, there will be no charge for your first consultation. Good luck! Rob Gleaner