Saturday, February 1, 2014

How to add an individual on the title of paid real estate property.

Question

How to add an individual on the title of paid real estate property.



Answer

The most common way is a quitclaim deed.



Answer

You should talk to a real estate attorney. There are numerous ways to take title, there are gift tax concerns, estate planning concerns, judgments against grantees can attach to the real estate, etc., etc.



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