How can my mother transfer my 1/3 share of her land to me?
Full Question:
I live on land owned by my mother.The land is to be divided by me and my 2 brothers. I want to put my share in my name. I have it fenced off but there is no written amount of land I think it's close to 3 acres. My mother is alive and okey with this. What steps do I need to take?
09/01/2011 |
Category: Real Property ยป Deeds |
State: Oklahoma |
#25446
Answer:
To share title to the property would require a transfer of title from the current owner to the new owners. Many parents do this in their Last Will and Testament but it can be done during their lifetime also. If the transfer is only of one part of a bigger piece of land, then a survey could be completed to measure and mark the appropriate boundaries transferred in the deed. These measurements would be used to create a new legal description for the subdivided land.
Caution should be exercised to make sure there are no local restrictions on the ability to subdivide the plat of land.
You may wish to consult with a local attorney to make sure there are no legal impediments to such a transfer.
