Legal Question in Real Estate Law in New York
homeownership transfer
Can my mother transfer the house to her daughter who currently lives there and helps pays the mortgage even if her credit is not good.
Asked on 4/29/08, 5:20 pm
1 Answer from Attorneys
Michael Markowitz
Michael A. Markowitz, PC
Re: homeownership transfer
Yes. However, your question is not clear in that does the mother or the daughter have bad credit. If the mother has judgments, there is still a lien against the house despite the transfer. If the daughter has judgments, the transfer will cause a lien against the house.
Mike.
Answered on 4/29/08, 5:28 pm
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