Legal Question in Real Estate Law in Virginia
deed of gift
I have just given a married couple a deed of gift for their first home. However, now they are having problems, is there a way for them to reverse the deed of gift and have one of their names taken off of the deed of gift? Thank you
Asked on 7/12/05, 5:32 pm
2 Answers from Attorneys
Michael Hendrickson
Law Office Michael E. Hendrickson
Re: deed of gift
Either one of the donees of your gift could simply quitclaim his or her interest in the property to the other.
Answered on 7/12/05, 6:30 pm
Robert Strupp
Robert J. Strupp,Attorney at Law, PLC
Re: deed of gift
A valid gift can generally not be retracted. However, if either of the recipients is willing, he/she can deed back to the grantor, or to the other recipient, his/her interest.
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Answered on 7/12/05, 10:50 pm