Legal Question in Real Estate Law in Virginia

I live in a condo and have a mortgage on it. I am 70 years old and would like to add my daughter to the deed but not the mortgage. Can I go to the county here in Norfolk Va. and take care of that and in case of my death she would keep the payments up on my mtg and get a clear deed once its paid for. Thank you.


Asked on 9/25/11, 6:27 pm

1 Answer from Attorneys
Michael Hendrickson Law Office Michael E. Hendrickson

Better first have your attorney review your mortgage(deed of trust)

to insure that such an action on your part would not trigger a due on sale clause or other adverse action against you by the lender.

Read more
Answered on 9/25/11, 9:06 pm


Related Questions & Answers

More Real Estate and Real Property questions and answers in Virginia