A minor cannot legally own property. Property can be held in trust for the minor until they reach the age of majority, usually 18.
Most states allow minors to own property. To what extent they can exercise control over the property will vary by state.
It doesn't matter if he's unlicensed or not, unlicensed persons can own motor vehicles. The question is, can a minor "own" property in your state? In most states minors cannot legally hold property in their own name, if they appear on the title to anything it must be as a co-owner with an adult.
No. Property can be held in trust for the minor until they reach the age of majority.
No. Although when making a decision of partitioning property or deciding who should retain such, the judge also considers which parent is to retain primary custody of the child(ren).
No. The home could be quit claimed to a trust for the benefit of the minor, but a minor cannot own property.
A minor cannot legally own property. Property can be held in trust for the minor until they reach the age of majority, usually 18.
A minor cannot own real property. It could be held in a trust for the minor.
Generally speaking, a minor cannot own real estate in the United States. That said, minors who have been legally emancipated can own property. This means that in some states, a minor that is married can own real estate because they are usually considered emancipated.
{| |- | No, they are not. Until they reach the age of 18 they are the responsibility of their parents. They cannot sign contracts and cannot own property. An employer is legally required to turn over any money the minor earns to the parents if the parents so request. |}
Most states allow minors to own property. To what extent they can exercise control over the property will vary by state.
It doesn't matter if he's unlicensed or not, unlicensed persons can own motor vehicles. The question is, can a minor "own" property in your state? In most states minors cannot legally hold property in their own name, if they appear on the title to anything it must be as a co-owner with an adult.
Yes, with parental permission
In fact, minors can own personal property although parents may exercise control or assert restrictions on the minor's use and possession of the property.
No
Typically 18 years old...however....A minor child (under18) can be in title if the property is held in a "trust" for the benefit of the child. A minor can not legally sign a contract and it be an "enforceable" contract.
Briefly it means that legally married people can own property in their own, sole capacity, even when acquired after marriage. Their spouse is not automatically given any interest in that property as they would be in a community property state.Briefly it means that legally married people can own property in their own, sole capacity, even when acquired after marriage. Their spouse is not automatically given any interest in that property as they would be in a community property state.Briefly it means that legally married people can own property in their own, sole capacity, even when acquired after marriage. Their spouse is not automatically given any interest in that property as they would be in a community property state.Briefly it means that legally married people can own property in their own, sole capacity, even when acquired after marriage. Their spouse is not automatically given any interest in that property as they would be in a community property state.
Until one reaches the age of majority, one cannot own property. That is 18 in most places, but could be as high as 21 in others. Property could be put into a trust for the minor.