Home arrow Mortgage Forums arrow Deeds, Property Transfer and Estate Planning arrow

Death of a parent

Author Message
Lisa Marie

Guest







Post Posted: Fri Nov 21, 2008 12:31 pm    Post subject: Death of a parent
Like 0
Dislike 0

My father and I both have 50% interest in our house. My father just passed away and my 2 brothers have informed me that they have a quit claim deed givng my fathers share to them. This deed was never filed with the clerk of courts.

Can they still file it after his death?

Is it still valid?

This is within the state of Florida.

Or is my fathers 1/2 split between the 3 of us?

There is also debt still owed on the house.

Thank you,

Lisa

_________________
Need help choosing the right loan? Get free consultation from community lenders/consultant
Icon Mini Profile smithsussane
smith.sussane




Joined: 18 Sep 2008

Posts: 10439
Location: Alaska
985.83 Dollars($)
Post Posted: Fri Nov 21, 2008 7:39 pm    Post subject:
Like 0
Dislike 0

Hi Lisa Marie!

Welcome to forums!

As far as I know, as the deed was not filed during the lifetime of your father, it cannot be filed now and so it won't be valid. Whether the property will be split between 3 of you will depend upon you and your brothers' wishes. If there is a change of ownership in the property, then you should let the lender know that. There is a chance that the lender may ask you to refinance the mortgage.

Feel free to ask if you have further queries.

Sussane
Eileen

Guest







Post Posted: Mon Feb 16, 2009 9:21 pm    Post subject: transfer of deed due to death
Like 0
Dislike 0

My mom passed away recently and I need to know how to put her house in our name so we can proceed to sell it. there is no mortgage and she is the only one named on the deed. Her will gives all us siblings an equal share in the estate.
Icon Mini Profile jenkin7
jenkin7




Joined: 04 Jun 2007

Posts: 4537
Location: Hawaii
728.43 Dollars($)
Post Posted: Tue Feb 17, 2009 1:37 am    Post subject:
Like 0
Dislike 0

Hi Eileen,

Since your mother left a will, giving all of you an equal share in the estate, you all are the owners of the property. A probate process will declare you all as the legal owners of the estate, after which you can sell the estate, provided all members agree to the proposal. Thus, I don't think you need to put your name on the title.
Quick Reply
Your Name
Subject
Image Verification


Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours
Page 1 of 1

 
Refinance Quotes
Call for Rates
888-485-7561
Speak to a lender now.

We will match calls to our toll free number with our network of lenders.

Ask Questions
Community Attorney
Joshua Heard - Attorney Joshua Heard
Houston, Texas






Highlights

Helpful References

Mortgage Guide
Mortgage Terms
Mortgage News
Book Center
Shop and Compare lenders
30 Yr. Fixed Vs. 5/1 ARM


Our Community

MortgageFit Blog
Community Professionals
Community Rewards
Introduce yourself
Website tools


Community Rewards

Five simple ways to earn money with the Mortgage Community.

New and upcoming tools
Credit Repair Tool New
Mortgage Planner
Simple Budgeting Tool







We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0
Page loaded in 0.077 seconds.