Legal Question in Real Estate Law in North Carolina
Adding a name to deed
I need the owner (whom is fully willing) to add my name to the deed. I paid a friend to buy a house for me because I couldn't qualify for a loan. We didn't do it during the closing process because we were told that it would be red flags to the lender that the buyer wouldn't be living in the home. I just want my name on the deed so it doesn't get sold from under me. Can someone please tell me how. One attorney told me it couldn't be done that I would have to have him will it to me....
Thank you!
1 Answer from Attorneys
Re: Adding a name to deed
The person who owns the property should go to an attorney and ask him to draw up a deed. However, by doing so, he will be violating the due on sale of the deed of trust. That is what the attorney meant when he said it would have to be willed to you. He can put your name on the deed and give you whatever percentage he wants, but he will be violating the deed of trust.
- Jeff
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