Posted on: 12th May, 2010 04:21 pm
Hi. My parents signed over their property to their three children last year. At that time the father was already in the nursing home with dementia. Now a year later, the mother has dementia. The nursing home told my mother in law that her husband was eligble for medicaide and that she could stay in the house as long as both of them lived, as long as she left the property in their names. Now that she needs to go into the nursing home, how do we reverse the quitclaim deeds back over to them. It was gifted for love and consideration and no money exchanged. Can I just take the same quickclaim deed and reverse the names? And since it was a gift, do we have to include the names of our spouses and have them sign?
Welcome Guest,
You and your siblings can use a quit claim deed and transfer the property back to your parents. You and your siblings will have to write your names as the grantor whereas your parents' name would be mentioned as grantee.
If your spouse's name was not included while they transferred the property to you, then they won't have to sign the deed. Once you fill out the deed, make sure to notarize and record it at the county recorder's office.
You and your siblings can use a quit claim deed and transfer the property back to your parents. You and your siblings will have to write your names as the grantor whereas your parents' name would be mentioned as grantee.
If your spouse's name was not included while they transferred the property to you, then they won't have to sign the deed. Once you fill out the deed, make sure to notarize and record it at the county recorder's office.