Legal Question in Real Estate Law in United Kingdom

I own 33% of the property that I currently live in but I want to give my son my share, how would I do that?


Asked on 4/21/12, 10:46 am

1 Answer from Attorneys

Fca Prashant Chavan Expert Edge LLP

22.04.2012

Dear Friend,

The transfer of your 33% share in the property can be transferred to your son in the following manner :

1) Pay off the mortgage loan on your home, if one exists, as well as any liens on the property.

2) Gather all documentation for the property.

3) Obtain a quitclaim deed form from the register of deeds, typically located in the courthouse of the town in which your property is located. The name of the office may vary by state, yet all function to maintain public records of real estate and property.

4) Fill in all required information on the quitclaim deed form. This includes your full legal name and the full legal names of any other persons listed as owners of the property, the address and legal description of the property and the legal name or names of the adult child or children to whom you are transferring the home deed.

5) Locate a notary public, and sign the quitclaim deed form in the presence of the notary

public.

You can mail me for further on-line legal advice at [email protected]

Regards,

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Answered on 4/21/12, 9:29 pm


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