answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: Can a minor own property in New Mexico?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Can a minor legally own property in Utah?

A minor cannot own real property. It could be held in a trust for the minor.


Can a minor own property in Oregon?

A minor cannot legally own property. Property can be held in trust for the minor until they reach the age of majority, usually 18.


Can a minor legally own property in Oregon?

A minor cannot legally own property. Property can be held in trust for the minor until they reach the age of majority, usually 18.


If you give birth under 18 are you ever a minor again in New Mexico?

If you are under 18, you are still a minor whether you have a child of your own or not.


Can a minor own property not land?

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.


What is the legal age of a child to make their own decision on custody rights in New Mexico?

The minor can not decide until he is 18.


Does George Strait Really have an ocean front property in Arizona?

Arizona is landlocked. It is surrounded by Mexico, California, New Mexico, Nevada and Colorado - So NO, George Strait does not own Ocean Front Property in Arizona.


Can a child in UK own property?

No. Property can be held in trust for the minor until they reach the age of majority.


Can a minor own property?

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).


Can minors own a car?

The general rule...In general, a minor cannot enter into a contract. They are also not allowed to own property. The parents of the minor will technically own the property. If a parent will agree to Co-Signer the auto loan, then the minor can buy the car. However, the parent who co-signed the car will be the legal owner.


Can you file a lien on a minor?

Liens are filed on property (such as houses) not on people (such as minors). If a minor is the legal owner of property, that property can still have a lien placed upon it - however, in almost all cases, minors do not own property, their parents or guardians do.


Can a home be quit claim deeded to a minor in the state of Michigan?

No. The home could be quit claimed to a trust for the benefit of the minor, but a minor cannot own property.