Compare Mortgage Quotes

Refinance Rates for Today

Please enable JavaScript for the best experience.

In the mean time, check out our refinance rates!

Company Loan Type APR Est. Pmt.

Does a warranty deed transfer ownership regardless of life rights statement

Does a warranty deed transfer ownership regardless of life rights statement

My husband and I were deeded his dad's farm with his dad retaining a life estate. His dad has now drawn up a "warranty deed" he wants us to sign that gives his daughter a "life time right" to live on a surveyed piece of property for a monetary sum of $10. Does the property still belong to us, or does the warranty deed give her title to the property that she can transfer to her children upon her death? It seems to be wordsmithing for a legitimate transfer of the property to me. Your thoughts?


Anonymous's picture
Anonymous (not verified)
21-10-2014

0 Answers
Votes
Older
Newer

Related Questions

Anonymous (not verified)
Anonymous (not verified)
Anonymous (not verified)
Anonymous (not verified)
Anonymous (not verified)
Anonymous (not verified)
Anonymous (not verified)
Anonymous (not verified)
Anonymous (not verified)
Anonymous (not verified)
Image CAPTCHA
Page loaded in 0.065 seconds.