Posted on: 30th Apr, 2010 07:31 am
how can I put my elderly parent who is living with me on my home deed/ mortgage to qualify for a over 65 property tax exemption
hi ansa,
you can use a quit claim deed in order to add your parent to the property deed. as far as the mortgage is concerned, you and your parent will have to refinance the mortgage. once the refinance is done, both of you would become liable for the mortgage.
thanks
you can use a quit claim deed in order to add your parent to the property deed. as far as the mortgage is concerned, you and your parent will have to refinance the mortgage. once the refinance is done, both of you would become liable for the mortgage.
thanks