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Can a menor have a house deed alone

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jaydt99 Joined: 01 Aug 2011 Posts: 1 1.33 Dollars($)	Posted: Mon Aug 01, 2011 8:03 am    Post subject: Can a menor have a house deed alone Like 0 Dislike 0 My mother has 2 house payed off. She wants to put my 2 girls that are menors only in the deed. Well it be a problem when she pass away.
gmakerley Community Mentor Joined: 09 Nov 2007 Posts: 12376 Location: bloomfield, ct 58.49 Dollars($)	Posted: Mon Aug 01, 2011 9:02 am    Post subject: Like 0 Dislike 0 I believe you meant "minor" (someone not of legal age). Minors are not eligible to own real estate, so the answer is that what you're trying to accomplish isn't possible. Seek out legal counsel, and you may find that your mother would be able to create a trust that would eventually pass along ownership to the two girls. _________________ George M. Akerley Mortgage Underwriter/Consultant Word of Excellence- Writing/Editing/Proofreading 860-221-5044
smithsussane Joined: 18 Sep 2008 Posts: 10439 Location: Alaska 985.83 Dollars($)	Posted: Mon Aug 01, 2011 9:35 pm    Post subject: Like 0 Dislike 0 Hi jaydt! Welcome to forums! I agree with what George has said. Minors cannot own real estate property. If your mother wishes, she can put the property in a trust and declare your daughters as the beneficiary of the trust. But of course, consulting a legal professional in this regard will be the best option. Feel free to ask if you've further queries. Sussane
raymond Community Expert Joined: 03 Jul 2009 Posts: 1191 Location: Irvine, California 28.24 Dollars($)	Posted: Tue Aug 02, 2011 2:01 pm    Post subject: Like 0 Dislike 0 California law allows minors to own Real Estate, so it depends on the State you live in - here's a good link that reviews how it works in California: https://secure.ssa.gov/poms.nsf/lnx/1507215006 Start with the "SUMMARY OF OPINION" section, California: Q: Does the State permit a minor to hold title to real property or personal property such as an automobile? A: California has no general preclusion against minors holding title to real or personal property. As discussed in the attached opinion, its statutory and case law are, at least by implication, essentially consistent with the right of minors to hold real and personal property, as recognized by the U.S. Supreme Court in Oyama v. California, 332 U.S. 633, 68 S.Ct. 269 (1948). Specific limitations apply, however, with respect to ownership of a motor vehicle, as discussed below. _________________ Raymond Denton www.RaymondDenton.com
sabrinatoss Community Expert Joined: 16 Jan 2011 Posts: 516 Location: Australia 82.74 Dollars($)	Posted: Wed Aug 03, 2011 1:28 am    Post subject: hi jaydt99 ! Like 0 Dislike 0 You haven't mentioned on what country are you in. Since country's has different rules in terms of loan rights. However, if your mother has plans to transfer the property to your two daughters, you can ask for an expert's advice regarding on your concern. _________________ Home Loan, Mortgage Insurance Calculator, Mortgage Broker
gmakerley Community Mentor Joined: 09 Nov 2007 Posts: 12376 Location: bloomfield, ct 58.49 Dollars($)	Posted: Tue Aug 09, 2011 6:35 pm    Post subject: Like 0 Dislike 0 By all means try to find an expert...yup, that's it. _________________ George M. Akerley Mortgage Underwriter/Consultant Word of Excellence- Writing/Editing/Proofreading 860-221-5044

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