Posted on: 23rd Apr, 2009 08:38 am
My brother and I have inherited property from our parents (through a trust). My brother is unable to obtain a loan on the property and is currently living there. How can the property be put in my name for the financing then moved back to my brothers name after the financing and without a reassessment on the property? Thanks for your information.
Hi Auburn,
I think the only way you can put the property solely in your name is through a deed, a quitclaim or a warranty deed. Your brother needs to sign over his interest to you through a deed so you can have the title in your name and finance it.
I think the only way you can put the property solely in your name is through a deed, a quitclaim or a warranty deed. Your brother needs to sign over his interest to you through a deed so you can have the title in your name and finance it.