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Can this deed be changed?

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Icon Mini Profile dsdarlings





Joined: 03 Sep 2010

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Post Posted: Fri Sep 03, 2010 5:45 pm    Post subject: Can this deed be changed?
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my mother made a warranty deed stating that she sells, conveys the property to me for $10, and she reserves a life estate. since this has been recorded over a year, and I have paid taxes on the property, can she legally change her mind and put this property in someone elses name?
Icon Mini Profile smithsussane
smith.sussane




Joined: 18 Sep 2008

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Post Posted: Fri Sep 03, 2010 9:16 pm    Post subject:
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Hi dsdarlings!

Welcome to forums!

As the property has been already transferred to you through a warranty deed, you'll be considered the owner of the property. Your mother cannot change her mind and give the property to someone else as she does not have ownership rights to that property.

Feel free to ask if you've further queries.

Sussane
Debra1

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Post Posted: Sat Sep 04, 2010 8:35 am    Post subject: Property
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Thank You for the reply, but all I have is the paper that says Warranty Deed. It says that she sells, conveys the land for $10 to me. She reserved lifetime estate. We took it to the courthouse, it was recorded and stamped. Is this piece of paper all I need, or do I take the warranty Deed somewhere else to get more in my name?
Icon Mini Profile adonis
adonis




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Post Posted: Sun Sep 05, 2010 10:56 pm    Post subject:
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Welcome Debra,

As the warranty deed is in your name, you're the owner of the property. You don't have to do anything else in order to get the property transferred in your name.

_________________
Procrastination is the enemy of your financial success
Debra1

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Post Posted: Tue Sep 07, 2010 2:06 pm    Post subject: Property dispute
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Thanks for the reply, I wonder if other people have kin, that are as greedy as mine are. Anyway I wasn't sure if I would still need to take the warranty deed somewhere and have a deed made in my name or not. But, now I'm just venting my frustration, but its not worth my staying upset about, my blood pressure rises when I think about it for very long.
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