Linds518
Sep 3, 2008, 05:36 PM
Here's the scenario -
My grandfather purchased a property in 1969. My grandfather passed away in 1989, leaving my grandmother as executor of his will. My grandmother never filed an executor's deed transferring the property into her name. Now - I am trying to add my name to the deed, but cannot find a deed that is in my grandmother's name.
At the same time, my grandmother took out a secured loan, using the property as collateral (but the bank did not complete a deed or title search - otherwise they would have figured out that the property was only "willed to her," not "deeded to her").
Ultimately we are wanting to put the property in just my name - but do not know how to go about doing it.
Since there is no executor's deed - do we need to file an executor's deed transferring the property into my grandmother's name, then come back and file another deed to add my name.
Also - could we simply put the house into my name and would this affect the secured loan that she has on the property (I am willing to assume the loan).
If you may have suggestions, we GREATLY appreciate it!
Thank you in advance for your advice and help!
My grandfather purchased a property in 1969. My grandfather passed away in 1989, leaving my grandmother as executor of his will. My grandmother never filed an executor's deed transferring the property into her name. Now - I am trying to add my name to the deed, but cannot find a deed that is in my grandmother's name.
At the same time, my grandmother took out a secured loan, using the property as collateral (but the bank did not complete a deed or title search - otherwise they would have figured out that the property was only "willed to her," not "deeded to her").
Ultimately we are wanting to put the property in just my name - but do not know how to go about doing it.
Since there is no executor's deed - do we need to file an executor's deed transferring the property into my grandmother's name, then come back and file another deed to add my name.
Also - could we simply put the house into my name and would this affect the secured loan that she has on the property (I am willing to assume the loan).
If you may have suggestions, we GREATLY appreciate it!
Thank you in advance for your advice and help!