Posted on: 24th Jun, 2008 06:50 am
my grand mother has passed on she and i owned property in texas i was concered about how to remove her name from deed? does the ownership go to me since im the one listed on the deed?
Hi modder.
Welcome to the forum.
Did she quitclaimed the property to you? If not has she left any will? Is it a mortgaged property? You need to inform these to get a better answer :)
Best of Luck.
Larry
Welcome to the forum.
Did she quitclaimed the property to you? If not has she left any will? Is it a mortgaged property? You need to inform these to get a better answer :)
Best of Luck.
Larry
The proprety was owned outright by my grandmother and myself. There was no mention of it in her will because we believed it would go to the serviving party. What are the laws about this in Texas? How do I transfer it into my name only. It been 4 years since she has passed and I have been paying the Taxes on the property.
If you held the property as Joint Tenants, then you owne the property outright. If you held the property as Tenants in Common, you have to get an Affidavit of Heirship. If there is not mention in the deed, you are Tenants in Common.
I'm not sure of the procedure to transfer it in you name. Check with a local real estate attorney.
I'm not sure of the procedure to transfer it in you name. Check with a local real estate attorney.
isnt texas a homestead state? the laws are a bit different there so def. check online or call a lawyer with a vague question. most times they will tell you what needs to be done and you might be able to save yourself some money if you know the terminology by getting the papers online and file-ing them yourself.
Joint Tenants:
A way for two or more people to share ownership of real estate or other property. When two or more people own property as joint tenants and one owner dies, the other owners automatically own the deceased owner's share.
Tenants in Common:
It is a way to hold title, to own property, by two or more individuals. Sometimes it is referred to as Tenancy in Common. There is no limit to the number of individuals who can hold title to one piece of real estate. A property held by tenants in common can be owned by two owners or 100+ owners.
So, If it belong to Tenants in Common, you should ask a attorney for help for your heirdom.
A way for two or more people to share ownership of real estate or other property. When two or more people own property as joint tenants and one owner dies, the other owners automatically own the deceased owner's share.
Tenants in Common:
It is a way to hold title, to own property, by two or more individuals. Sometimes it is referred to as Tenancy in Common. There is no limit to the number of individuals who can hold title to one piece of real estate. A property held by tenants in common can be owned by two owners or 100+ owners.
So, If it belong to Tenants in Common, you should ask a attorney for help for your heirdom.