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Quit claim deed to my parents?

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Ben S.

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PostPosted: Mon Jul 28, 2008 11:03 am    Post subject: Quit claim deed to my parents?

I own a second home free and clear. Can I add my parents to the title via a quit claim deed and have them take homestead exemption on that home (they live there year round)?
 
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sweeney
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Joined: 20 Jul 2008

Posts: 131



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PostPosted: Mon Jul 28, 2008 5:46 pm    Post subject:

Hello- Yes, you can add your parents to the title via quit claim deed. I don't know about the homestead exemption, that may be specific to your state.
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Mike Sweeney
LionSaves.com - refinance debt

views expressed on this forum are my opinion as a mortgage professional, not legal advice
 
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