View Full Version : How can we add our son to our deed?
Whittaar
Feb 23, 2019, 09:12 AM
I own a co-op and I would like to add him to the deed for the co-op. Do I need a lawyer or is there a form we can complete and submit to the courts.
ma0641
Feb 23, 2019, 11:58 AM
You should discuss this with the co-op board. First you will need approval to add and possibly a new deed as a codicil is typically not accepted for a deed. Rules of this nature are state based and they can all differ. I would not attempt to self add by just a form, it could easily be denied. An attorney could give you guidance.
Whittaar
Feb 23, 2019, 02:09 PM
Thank you, we will contact the board to make sure.
Fr_Chuck
Feb 23, 2019, 04:12 PM
Also, note that if you have a mortgage on the property, you will not be able to change it, without their permission, since they hold a lien on the deed.
Whittaar
Feb 24, 2019, 06:58 AM
Thank you, we have no mortgage on the co-op. Will there be tax implications if my son is added to the deed?