Posted on: 25th Jan, 2008 04:04 pm
my mother is signing her home over to one of my sisters. the home is in indiana. can you think of anything she should know? does she need a lawyer?
Typically, a Grant Deed is used. You can find a form on the internet. Most states require it to be notarized and delivered to the Grantee receiving the deed. Also record a copy with your local county recorder's office. Check with the mortgage holder if there is one.
Hi Lauren,
Welcome to the forum.
You can also use a quitclaim deed. The property transfer is happening within the family. So quitclaim deed will not be a problem here.
"does she need a lawyer?" You can do it yourself but it is better to take help from an attorney. He will prepare the deed for you and help you to make it valid.
To know more about quitclaim deed, you can check this article out - http://www.mortgagefit.com/quitclaim-deed.html
Hope this will help you to take the decision.
Feel free to ask if you have any further questions.
Thanks.
Welcome to the forum.
You can also use a quitclaim deed. The property transfer is happening within the family. So quitclaim deed will not be a problem here.
"does she need a lawyer?" You can do it yourself but it is better to take help from an attorney. He will prepare the deed for you and help you to make it valid.
To know more about quitclaim deed, you can check this article out - http://www.mortgagefit.com/quitclaim-deed.html
Hope this will help you to take the decision.
Feel free to ask if you have any further questions.
Thanks.
