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 beverlyrowe
Joined: 23 Aug 2006
Posts: 1
1.24 Dollars($)
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 Posted: Wed Aug 23, 2006 9:48 pm Post subject: What are the procedures to have a deed put in another name |
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My father has done his will leaving the house to me. We would like to know can the deed to the house be changed to my name before death or after death. There is still a mortgage on the home. If this can't be done what procedures are necessary for this to happen since I will be paying the mortgage. Will the house remain in his name even thought I will be living there and paying the mortgage
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Jessica
Community Mentor
Joined: 08 Jun 2004
Posts: 814
Location: OHIO
195.97 Dollars($)
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| Posted: Wed Aug 23, 2006 10:00 pm Post subject: RE: Change name on deed |
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Hi Beverly,
The name on the deed can be changed any time even though there is a Will. This can be done through a warranty deed. Also, the mortgage has to be transferred to you if you will be paying for it. This can be done through novation.
Regards,
Jessica.
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http://jessica.mortgagefit.com/ |
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Caron
Moderator
Joined: 19 Jul 2005
Posts: 1562
Location: florida
266.58 Dollars($)
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| Posted: Wed Aug 23, 2006 10:17 pm Post subject: RE: Name on deed |
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Hi,
| Quote: | | Will the house remain in his name even thought I will be living there and paying the mortgage |
If your name has been added to the deed along with your father's, then both of you are the owners of the property. And, after your death, you will be the sole owner provided it is stated in the Will.
One more thing - you should inform the mortgage company or lender about your name being added to the deed. The deed should be notarized and then recorded at the Office of the County Recorder or the Register of Deeds, otherwise it will not be taken as valid.
Thanks,
Caron. |
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Guest
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| Posted: Sat Aug 26, 2006 8:03 pm Post subject: quick claim deed |
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you can in most states get a form call "Quick Claim Deed" complete the form and your dad can sign the property over to you some amount of monerty value is given (not less than $1.00) and file the deed with the court house in your town. Or better still check with a lawyer, or legal aide office in your town and they can help. It would be best to get legal help that could save problems later.
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