Legal Question in Real Estate Law in Texas
Name Change
Both parents are deceased, 7 decendants, all adults children. My sister lives at the property which my parents were buying. We want to know what we have to do, to change the property name from my father, whom been deceased for two years. All of the decendants are in agreement to let my sister live there for life. We need to know if there are papers, courts, of any actions needed. She has paid the mortgage, since my father's death. Can we file something in the courts, with little or no cost, since we are all in agreement. Please help in this matter. Thanks in advance.
1 Answer from Attorneys
Re: Name Change
Assuming that the estates of the parents do not have any debts (aside from the mortgage), then yes, we could do this simply and inexpensively. There are three steps, the first is to draft a family settlement agreement and the second is to file an affidavit with the real property records and then finally, a deed transferring the property from all 7 to the 1. Let me know if you need me to assist you with this.