Legal Question in Real Estate Law in New Jersey
My parents bought a commercial real estate in 1985, myself and brother cosigned on this property, so the deed has our names. My mother died in 1986 but we never changed the deed. Now my father is selling the property. Is there any docs that we need to file with the state of nj before the closing.
3 Answers from Attorneys
It depends on how you held title with your parents. The deed would need to be reviewed. You may have to file an inheritance tax return with the state and request a tax waiver to clear title. You should consult with an attorney about this If you want more information, please call my office for an appointment.
There will be a lot of documents that you will need to sign when you sell the property, and there will be some legal problems that a lawyer will be able to help you with. If your mother is on the deed, you will need to file with the state of New Jersey for death taxes.
You really need an attorney to handle this for you. Give me a call, make an appointment to come see me, and let's get moving on this for you.
Robert Davies, Esq. 201-820-3460
My contact information can be obtained from the links below, just click on the Attorney Profile link. Let my secretary know you found me through LawGuru.
Please keep in mind that my response is just a general comment on your question, and not legal advice. Your question and any response does NOT create an attorney-client relationship between you and this law firm. The exact details of your situation and things that you have not mentioned in your question can completely change the answer to your question. You can not rely upon what I have written, because I do not have all of the formation that I need to advise you, I only have the very small amount of information that you put into your question. For me to give you any legal advice, I would need for you to hire me to be your lawyer, and then we would need to discuss this in detail and go over the documents.
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Thank you for your LawGuru question.
Frankly, the prior responses are quite accurate. The answer depends on a number of issues we'd need to discuss. It would be prudent for you to contact me or one of my colleagues. I can be reached at 973-921-0600.
Kindly note and remember that my response is merely a general comment on the law related to your question, and NOT legal advice or opinion. Also, your question and my response does NOT create an attorney-client relationship between us. You cannot rely upon what I have written, because I do not have all of the information that I need to advise you or render an opinion. Even simple facts you have not shared can completely change my answer. For me to give you legal advice or opinion, you would need to hire me to be your lawyer, and then we would need to discuss this in detail and go over the documents.
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Barry F. Gartenberg, Esq.
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