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If it is personal property, such as jewelry or china, you just give it to them! It would be good to document the transfer in some manner, a simple letter or listing should suffice. If it is real property, (land) a quit claim deed is the simplest manner.

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15y ago

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Related Questions

Can you give money to a family member for property purchase?

yes it is okay too


Can a family member buy a short sale property from another family member?

Can a family member buy a short sale property from a family member


Can a family member take property from a deceased family member?

No, taking property from a deceased family member without legal authorization is considered theft. The property of a deceased family member typically goes through the probate process to determine rightful heirs and distribute assets according to the deceased person's will or state law. If you believe there are disputes over the inheritance, it's best to seek legal advice.


Can someone participating in section 8 housing assistance rent from a family member?

No you can not unless that relative has a disability and that the rental unit is specialized for that tenant's disability.


Does a gift of equity have to be from a family member?

No, a gift of equity does not have to be from a family member. It can be from anyone willing to gift a portion of the equity in a property for a real estate transaction.


When a family member dies can another family member takes over there property legally with a reverse mortgage?

No. The reverse mortgage must be paid off first.


What does it mean to hold the note on real estate?

A note on property is just simply being owed money on a property in private financing. If a family member finances a home for you with their own money. You are making payments to that family member, they would hold the note and should be on the deed to the property.


Quit claim to a family member to avoid forclosure?

Quit claiming title to a family member will not avoid foreclosure because the mortgage lien on the property has not been satisfied and the lender has a claim on the property. It will not cause the foreclosure proceedings on the property to cease and the lender will seek a judgment from the civil court.


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