Legal Question in Real Estate Law in New York

my husband and I used our credit to buy my children a home. Their money was used for the down payment and all expenses. They pay all the bills. Can this be considered their home legally?


Asked on 1/15/10, 5:32 am

1 Answer from Attorneys
Michael Markowitz Michael A. Markowitz, PC

I do not understand your question. Legally, an individual that is named on a deed legally owns the house. therefore, if your children are on the deed, they legally own the house.

Mike.

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Answered on 1/20/10, 6:08 am


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