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I'm not an attorney, and an attorney is the person to go to. There are a few things you might ask your attorney about. You could have the person's name put on the title now. This may lead to some serious problems, though. First you'd have to make sure that putting the person's name on the title is not a taxable event (in other words, does it amount to a large gift to the person, for which you would owe a gift tax). Also, if the person becomes incapacitated in some way, and then you find yourself needing to sell the land, you are in deep trouble. Probate Court will have to step in, and they don't care about your time need. Depending on the over-all size of the holdings/estate of the person, putting the land in a trust may be the best alternative, for several reasons that your attorney can explain.
What else can I help you with?
What is deeded land?
Deeded land is land transferred by means of a deed.
What is the difference between recorded land and deeded land?
Deeded land has a legal owner of the land, with a deed to prove ownership. Recorded land is on record at the land office, but it is not necessarily deeded to anyone.
What are deeded acres?
owned land
People who settled land not deeded to them?
pioneers
What does Deeded Lot mean?
A deeded lot is given to another person and is now owned by that person
Who gets farm land if father dies and land was deeded to both father and aunt?
Your aunt.
If you buy a house and the land is deeded do you own the land?
Yes. In fact, you are actually buying the land and the house is attached to it.
What is the difference between allotted land and deeded land on an Indian Reservation?
See the "Dawes Act" on Answers.com The Dawes Act divided reservation land amongst individual tribal members. The tribal member could sell the land. Deeded land on a reservation is land that the tribal member sold.
What is the definition of deeded land?
Deeded land refers to real property that is owned outright by an individual or entity, with legal ownership evidenced by a deed or title. This means that the owner has full control and rights over the land, which can include selling, leasing, or transferring ownership.
Can power of atternoy sell land that is already deeded to family members?
If the principal no longer owns the land then they cannot sell it. You can only sell what you own.
Is it true that A major lure for western settlers was the concept of private property in which land was parceled registered and deeded?
True
Is a mortgage enforceable if not deeded to buyer?
Answer: A mortgage runs with the land until it is paid. The buyer would acquire the property subject to the mortgage.
