Legal Question in Real Estate Law in Virginia
Property
Can i but my property in some eles name and leave the loan the same? You see i receive s.S.I they say if i sell or rent they will hold it against me but they do not give me enough to live on. So woundering if i could transfer deed so i can rent or sell it. And if i could how can i pertect myself from being taken.
Asked on 7/15/09, 3:22 pm
1 Answer from Attorneys
Michael Hendrickson
Law Office Michael E. Hendrickson
Re: Property
No, such a transfer would likely be regarded as for fraudulent purposes and therefore reversible (in my opinion and if I have understood the question correctly).
Answered on 7/15/09, 4:37 pm