Hello,

I have a house , and I want to transfer the title to my daughter.
My question is: Do I need to hire a lawer, or a real state agent in
Order to do the transfer?

Thank you for your help.

L. Johnston

In order to transfer title to your daughter you have to sell it to her. You do this by preparing a deed, signing it, having it witnessed and notarized and then having it recorded. You can have this done by an attorney or title company and it shouldn't be expensive.

However you mentioned "mortgage" in your subject. I assume that means that there is still a mortgage on your house. You should be aware that selling/transferring title will most likely be in violation of your mortgage and the lender will have the right to declare that the loan is immediately due and payable in full. If you intend to continue making the payments yourself then it probably won't be a problem. If you intend to have your daughter take over the payments then there might be a problem, especially if she misses any payments or makes late payments. You can ask the lender to allow her to assume the loan but they are not likely to agree.

If your daughter intends to make payments herself then she can try to get financing on her own at the time she buys the property from her. The transfer of title will be handled at the mortgage closing.

What if I am getting my son to buy me out and my husband is still on the mortgage... we are divorcing and my son is will to buy my half... what does this involve?

I have a rental property that I abandoned. I found out recently the empty property is now lived in by people that we did not know. A mortgage company offered to take over the title. We cannot afford to evict these people. What is the consequences that we might be facing if we do so