Being added to title to property in IL

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I have lived in my current property for quite some time that I have been renting from my mother. She owns the property free and clear.
She wants to include me on the warranty deed.
Would we have to take out another mortgage or can I just be added to the warranty deed? She does not want to refianance at this time.

sara · Posted: Mon Sep 08, 2008 5:05 am Post subject: RE:

If your mother simply wants to add you to the title, then signing over a warranty deed will do. There's no need to take out a mortgage when the property is free and clear.

Take care

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