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transfering ownership of the house

Posted on: 08th Nov, 2008 02:20 pm
My house is under my wife's name, she might go through legal problem next year,, can she transfer her ownership to my brother's name??

I do have mortgage of $150000.00 left, we paid off $130000 so far??

thank you
Hi danny boy!

Welcome to forums!

Yes, she can transfer the ownership of the property in your brother's name. However, if the legal problem has already started or there is any dispute regarding the property right now, then the transfer of the property will be considered as a fraudulent one.

Feel free to ask if you have further queries.

Sussane
Posted on: 09th Nov, 2008 07:19 pm
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