Posted on: 12th Oct, 2010 11:36 am
My brother and I are 50/50 owners on a 8- unit multi-unit apartment. We also are 50/50 owners of a residential property as well.He is buying my half of the apartment and I am buying his half of the house. They are both owned outright with no mortgages,what is the best way to handle this situation
Hi Guest,
As there are no mortgages on the said properties, you and your brother can sign warranty deeds in order to transfer the properties. To know more about warranty deeds, check out the given page:
http://www.mortgagefit.com/warranty-deed.html
Take care
As there are no mortgages on the said properties, you and your brother can sign warranty deeds in order to transfer the properties. To know more about warranty deeds, check out the given page:
http://www.mortgagefit.com/warranty-deed.html
Take care