Legal Question in Real Estate Law in New Jersey
Real estate
My father wants to transfer the title of our house.
What legal forms does he use to do this?
3 Answers from Attorneys
Re: Real estate
Please be advised that I have not been retained to represent you and I am basing this response on a limited amount of information supplied. However, transferring title is very simple. Obtain a copy of the current deed and provide that to a lawyer. The lawyer will prepare a new deed and an Affidavit of Consideration (this document states that the property was conveyed for some price to make the transfer valid) Between a father and son, the sale price is usually relected as $1.00. Once the attorney changes the deed, you and your father will have to sign the deed and the attorney or a notary will notarize the deed and Affidavit of Consideration and the attorney will file the deed and Affidavit with the Court. There is a filing fee with the Court in addition to the agreed upon attorney fees. The general process and fees may vary by county, but I tried to give you a clear picture of the process. If you would like to discuss this further, you may contact me at 908-537-7975. I Thank you for your inquiry and wish you luck with the property.
Re: Real estate
you need to prepare a deed to the new owner and either an affidavit of title or an affidavit of exemption
Re: Real estate
You need to give a copy of your father's current deed to a lawyer with the names of who it is to be transferred to. However, you or your father should discuss the reasons for the transfer with a lawyer including the legal and tax ramifications before doing anything. Call a lawyer near you or call me at 973-808-2003. Good luck.
Bernie Berkowitz