If my son and I were both on the deed and we have sold the house, what forms are needed?
Full Question:
My son's name is on the deed to my house. I sold the house in an Agreement for the Deed. I need to assign my son's half of the house to the buyer, but only after the buyer has paid in full.
What form can I use?
04/29/2009 |
Category: Real Property ยป Sales |
State: ALL |
#16358
Answer:
Typically, when two owners own property as joint tenants, they
may transfer the property to a buyer by executing a deed from two
individuals to another individual. Both joint tenants must sign the deed
in order to transfer the property. The contract of sale may specify the
terms of payment and when the deed is to be delivered. For example, the
contract of sale may provide that the deed will be delivered upon full
payment of the purchase price.
