Legal Question in Real Estate Law in Pennsylvania
What is the process for selling your house to your family. We all currently live in the same house--selling it to the family for $80,000 less than market value, for what is owed on property, to child and her husband, from the mother.
Asked on 4/02/11, 1:00 pm
1 Answer from Attorneys
John Davidson
Law Office of John A. Davidson
You'll need a sales agreement. A new deed will have to be drafted and once executed filed with the recorder of deeds.
{John}
Answered on 4/04/11, 5:56 am