Posted on: 07th Apr, 2008 05:04 pm
my parents - canadian citizens - purchased a plot of land in fl back in the late 70's and my father has maintained the taxes for the 1/4 acre lot up until now. i am the son, also a canadian citizen, living in canada.
my mother passed away in 2001, however, her name is still on the deed and property tax records along with my father's. i have her death
certificate in my possession.
my father lives in germany and now would like to "gift" the property to me - without my incurring any transfer taxes or associated costs. the land is assessed at less than $30k. he has asked me to inquire as to how to proceed, as his english is labored after spending so many years overseas.
1/ what would be the most efficient and cost effective way of
transferring this parcel of land as a gift to a family member?
2/ can this form be made at a notary in germany?
3/ is a power of attorney needed or quit claim deed needed or both?
our geographic locations (i am currently in japan) bar an
in person consultation with anyone, so it is my hope that i can get some guidance from you in this matter.
thank you for your time, consideration and advice.
my mother passed away in 2001, however, her name is still on the deed and property tax records along with my father's. i have her death
certificate in my possession.
my father lives in germany and now would like to "gift" the property to me - without my incurring any transfer taxes or associated costs. the land is assessed at less than $30k. he has asked me to inquire as to how to proceed, as his english is labored after spending so many years overseas.
1/ what would be the most efficient and cost effective way of
transferring this parcel of land as a gift to a family member?
2/ can this form be made at a notary in germany?
3/ is a power of attorney needed or quit claim deed needed or both?
our geographic locations (i am currently in japan) bar an
in person consultation with anyone, so it is my hope that i can get some guidance from you in this matter.
thank you for your time, consideration and advice.
You can use a quitclaim deed but it needs to be noterized and recorded in the county recorder's office iof your state.
Welcome,
As far as I know the most easiest and cost effective way to transfer property is quitclaim deed. Contact an attorney and ask him to prepare the deed for you.
To know more about quitclaim deed check out this article at http://www.mortgagefit.com/quitclaim-deed.html
Let me know if you have any more queries.
As far as I know the most easiest and cost effective way to transfer property is quitclaim deed. Contact an attorney and ask him to prepare the deed for you.
To know more about quitclaim deed check out this article at http://www.mortgagefit.com/quitclaim-deed.html
Let me know if you have any more queries.
You will need to file an Affidavit of Heirship in the county where the property is located to get your deceased mother's name off the title. Then you can have your father grant you the property with a grant deed. The deed must be notarized. Notaries are an American construct, so notarizing a document in Germany may be tricky. Consult with the attorney who does the Affidavit for ideas.
Thank you for your replies. I'll pass the info on.