Can a gift deed be changed or revoked?
Full Question:
My uncle and his wife had my name added to their deed. The deed reads that this was a gift of love. This was done in 2004 and in the state of Virginia. Three years later my uncle was placed in a nursing home, his health became very unstable and his wife has cut off all contact with his family. Can she change the deed and have my name removed?
05/17/2007 |
Category: Real Property ยป Deeds |
State: Virginia |
#5099
Answer:
The answer depends on the type of gift deed used. If it is revocable, the donor keeps the legal document until he or she decides to give the document to the recipient. The donor can, at any time, revoke the gift deed document and is not legally obligated to give the gift.
