Legal Question in Real Estate Law in New York

Do I need to transfer inherited condo to my name before selling?

I (sole heir) inherited a small condo in NYC and I am the administrator on the letters of administration from the Surrogate Court. I want to sell it now. Do I have to transfer the deed to my name before selling, or can I just give the buyer the letters of administration and death certificate? Thanks.


Asked on 1/13/09, 3:51 pm

3 Answers from Attorneys

Steven Czik CZIK LAW PLLC

Re: Do I need to transfer inherited condo to my name before selling?

No you do not need to transfer the deed, but you should hire an experienced attorney to handle the closing and he/she should handle all aspects of the transaction for you. We have substantial experience handling these types of cases, however, we would need some more information before making a complete and proper determination. You are welcome to contact us for a free consultation.

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Answered on 1/16/09, 2:17 pm
Peter Moulinos Moulinos & Associates LLC

Re: Do I need to transfer inherited condo to my name before selling?

There is no need for you to transfer the deed to your name, and you shouldn't. Upon sale, you will be asked for proof of your role as administrator and that will be sufficient to enable you to sign the deed.

Please let me know if you have any other questions or require assistance with the sale.

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Answered on 1/13/09, 3:54 pm
Michael Markowitz Michael A. Markowitz, PC

Re: Do I need to transfer inherited condo to my name before selling?

Do not transfer the property to your name. It is a waste of money.

You would transfer the property using an Executor or Administrator Deed.

Mike.

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Answered on 1/13/09, 4:13 pm


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