How do I go about transfer ownership of land to a relative without using a lawyer.
Property is located in MA.
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How do I go about transfer ownership of land to a relative without using a lawyer.
Property is located in MA.
Deed the property to them. It would be very wise to have a real estate professional draft the deed. Note that if there is a mortgage, depending on its terms, changing the title may trigger foreclosure.
It would also be very wise, if this is an attempt to effect what would otherwise be accomplished through inheritance, for you to instead have a lawyer review your situation and create an estate plan. Do-it-yourself jobs can create significant tax liability that could otherwise be avoided, and can create all sorts of complications for the people involved.
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