Son and daughter on deed of mothers real property

Get Legal Help Today

Compare Quotes From Top Companies and Save

secured lock Secured with SHA-256 Encryption

Son and daughter on deed of mothers real property

My mother is selling her house. She is 93 and is not in
financial need. My brother and I are listed as owners on the
deed although it is her home. Can the proceeds of the sale
go directly to us?

Asked on August 27, 2018 under Real Estate Law, Maryland

Answers:

M.T.G., Member, New York Bar / FreeAdvice Contributing Attorney

Answered 6 years ago | Contributor

Are we thinking about financial planning here or is it just inquiry?  If the deed is in YOUR name then legally YOU are the owners.  YOU must sign all conrtacts for sale and transfer documents and the new deed to the purchaser and the funds will go to you at closing. Talk to an attorney.  Good luck.


IMPORTANT NOTICE: The Answer(s) provided above are for general information only. The attorney providing the answer was not serving as the attorney for the person submitting the question or in any attorney-client relationship with such person. Laws may vary from state to state, and sometimes change. Tiny variations in the facts, or a fact not set forth in a question, often can change a legal outcome or an attorney's conclusion. Although AttorneyPages.com has verified the attorney was admitted to practice law in at least one jurisdiction, he or she may not be authorized to practice law in the jurisdiction referred to in the question, nor is he or she necessarily experienced in the area of the law involved. Unlike the information in the Answer(s) above, upon which you should NOT rely, for personal advice you can rely upon we suggest you retain an attorney to represent you.

Get Legal Help Today

Find the right lawyer for your legal issue.

secured lock Secured with SHA-256 Encryption