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.
Yes, a minor can legally own property, but they may need a legal guardian or trustee to manage it on their behalf until they reach the age of majority.
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 most places, children cannot legally own property on their own. They usually need an adult, like a parent or guardian, to manage the property for them until they reach a certain age.
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
Yes, minors can legally own property, but they may need an adult to act as a guardian or trustee on their behalf until they reach the age of majority.