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    Whittaar's Avatar
    Whittaar Posts: 3, Reputation: 1
    New Member
     
    #1

    Feb 23, 2019, 09:12 AM
    How can we add our son to our deed?
    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's Avatar
    ma0641 Posts: 15,681, Reputation: 1012
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    #2

    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's Avatar
    Whittaar Posts: 3, Reputation: 1
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    #3

    Feb 23, 2019, 02:09 PM
    Thank you, we will contact the board to make sure.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,304, Reputation: 7691
    Expert
     
    #4

    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's Avatar
    Whittaar Posts: 3, Reputation: 1
    New Member
     
    #5

    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?

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