Legal Question in Real Estate Law in New York
My wife and I are buying a condo for our son, in Harlem. We had planned to buy it in our names, but one of the attractive properties stipulates "must be owner-occupied." Could we make our son a "third owner" on the deed, and privately execute, with him, an agreement stipulating that he owns .01% and my wife and I own the remainder?
Asked on 7/22/15, 5:47 am
1 Answer from Attorneys
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