Legal Question in Real Estate Law in Pennsylvania
Removing a person from a real estate transaction
We purchased a home in Pittsburgh last year with our daughter & her boyfriend. They have since ended their relationship & in lieu of refinancing, is there a way to just take his name off & also, what would the fees run?
Asked on 5/08/07, 10:59 am
1 Answer from Attorneys
Gerald Hershenson
Law Office of Gerald M. Hershenson
Re: Removing a person from a real estate transaction
He would have to sign a deed and a transfer tax would have to be paid on his 25% share. I suggest you consullt an attorney. Gerald Hershenson Esq.
Answered on 5/08/07, 2:32 pm