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procedure to transfer property from father to son

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Icon Mini Profile tsinha78





Joined: 13 Oct 2009

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Post Posted: Tue Oct 13, 2009 4:25 am    Post subject: procedure to transfer property from father to son
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my father is alive and wants to transfer his house to me. what would be the legal procedure for the same.
Icon Mini Profile adonis
adonis




Joined: 22 Oct 2005



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Location: ALASKA
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Post Posted: Tue Oct 13, 2009 10:29 pm    Post subject:
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Hi tsinha,

Your father will have to sign a quitclaim deed and transfer the property to you. If the property is free and clear, then your father can even use a warranty deed to transfer the property.

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divya

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Post Posted: Mon Jan 31, 2011 5:52 am    Post subject: procrdures for transrfer of property
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procedures for transfer of property without involving money
Icon Mini Profile adonis
adonis




Joined: 22 Oct 2005



Posts: 10562
Location: ALASKA
1089.18 Dollars($)
Post Posted: Tue Feb 01, 2011 11:11 pm    Post subject:
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Welcome divya,

You can use a quitclaim deed in order to transfer the property. However, you will have to pay the deed recording fees, the stamp doc fess, etc. while recording the deed.

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Procrastination is the enemy of your financial success
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