Legal Question in Real Estate Law in New York
Add mother's name to deed
My mother's house is in my name. There is not a mortgage on the house, only an equity loan for $16,000. Can I add my mother's name to the deed without paying off the loan? My name will remain on the deed and the equity loan is in my name.
Asked on 11/02/08, 10:01 pm
1 Answer from Attorneys
Bari Schulman
Bari J. Schulman
Re: Add mother's name to deed
Generally there is no problem in adding your mother's name to your deed. However, an attorney should examine the note and mortgage to confirm this is an exception to the call on sale or transfer clause in mortgages.
Answered on 11/03/08, 9:50 am