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treylee · Jul 28, 2010, 01:59 PM

My parents want to give me a lot to build a house on. I would like to know the steps I need to take to make this happen.

JudyKayTee · Jul 28, 2010, 02:01 PM

I don't understand the question.

They buy a building lot. They pay for it. They Deed it over to you.

You build a house.

Is that what you are asking or is something else involved? I do notice this is posted in family law and not real estate. Is there a particular reason for this?

treylee · Jul 29, 2010, 09:56 AM

My parents live on 4 acres. They want to give me 1 acre to build on.

I'd like to know the steps I need to take in order to have my name on the land.

I posted in family law because I thought with this being an inheritance it may fall in this category.

treylee · Jul 29, 2010, 10:18 AM

My parents live on 4 acres. They want to give me 1 acre to build on.

I'd like to know the steps I need to take in order to have my name on the land.

JudyKayTee · Jul 29, 2010, 10:20 AM

I answered this yesterday. Please stop posting the same question.

You've posted the same question 3 times in two different categories and, as I said, your question was answered yesterday.

As I said - they Deed a portion of the land over to you. You will need an Attorney and a new Survey.

treylee · Jul 29, 2010, 10:30 AM

Yesterday you didn't mention an attorney or new survey.

I posted in Real Estate today hoping to get an actual answer and possibly from someone not sounding rude as if I called them while eating dinner.

JudyKayTee · Jul 29, 2010, 10:32 AM

Originally Posted by treylee

Yesterday you didn't mention an attorney or new survey.

I posted in Real Estate today hoping to get an actual answer and possibly from someone not sounding rude as if I called them while eating dinner.

Yesterday you didn't mention that they already owned the land.

And why didn't you simply answer my post on the other thread instead of opening a new thread? Legal info doesn't change no matter how many times you post a question.

And rude? Post the actual facts and you'll get an actual answer.

treylee · Jul 29, 2010, 10:40 AM

In my response to the original post yesterday, I did clarify that they own the land.

The reason I opened a new thread today, though, was in hopes to find someone with relevant information and patience enough to answer my questions. I am unfamiliar with this process; that is why I'm here.
Please do not respond to my questions in the future. I'm sure there are others who are happy to help without being condescending.

ScottGem · Jul 29, 2010, 11:14 AM

First, let me point out that this site is organized by topics. The concept being that posting under an appropriate topic make it easier for people to find information. Second, it helps if you try to learn something about how the site works before you jump in and post. Most people seem to do this as most new questions are posted appropriately. Unfortunately we do get a significant number of people who don't do this. These people posts multiple copies of their questions in inappropriate forums, wasting the time of the people trying to offer help. In addition, we find a number of people who post very short questions with minimal information and expect a definitive answer. The more you put into a question the better the answer you will get.

So, sometimes when we see someone who posts like I describe it does make our responses a bit curt. But, that is the nature of sites like this. Please do not presume to dictate who can answer your questions or how. That's not how this site works. You are free to ignore any advice you don't like or report any response you believe violates our rules. But, unless the response does violate the rules, then the poster has every right to post.

That all being said. There are a number of factors here. If your parents want to subdivide their property and deed that part to you, you do need to have a new survey done. You then need to apply to your county for approval of the subdivision. The subdivision has to adhere to local zoning laws (for example, the area may be zoned for lots no smaller than 2 acres).

Once all the approvals are obtained for the subdivision then new deeds are entered in the county records for the subdivided parcels. Only then can your parents issue a new deed transferring ownership to you. And this has nothing to do with an inheritance since your parents are still living.

The transfer of the property has its own issues. Gifting you the property may incur gift taxes on the part of your parents. Depends on the assessed value of the smaller lot.

There is also an issue of whether there is a mortgage on the full lot. If there is the mortgage holder needs to be a part of and give approval to the subdivision.

As you can see your initial, simplistic question, deals with many issues that have to be resolved. My advice would be to have your parents consult a local real estate attorney to handle the partition and gifting of the property to you.

this8384 · Jul 29, 2010, 11:15 AM

Originally Posted by treylee

In my response to the original post yesterday, I did clarify that they own the land.

The reason I opened a new thread today, though, was in hopes to find someone with relevant information and patience enough to answer my questions. I am unfamiliar with this process; that is why I'm here.
Please do not respond to my questions in the future. I'm sure there are others who are happy to help without being condescending.

While Judy's response may have seemed rude to you, I can assure you that was not her intention. We volunteer here and offer our advice for free. It is frustrating when someone opens new threads about the same topic in different forums; it clutters the board and makes it hard for everyone to stay on the same page with their answers.

So as I stated, her response may have seemed rude but that's not her intention. She knows this stuff like the back of her hand and you'd be doing a disservice to yourself in turning down her advice.

Your original question wasn't clear enough; that's why she didn't mention an attorney or a survey.

JudyKayTee · Jul 29, 2010, 11:35 AM

Originally Posted by treylee

In my response to the original post yesterday, I did clarify that they own the land.

The reason I opened a new thread today, though, was in hopes to find someone with relevant information and patience enough to answer my questions. I am unfamiliar with this process; that is why I'm here.
Please do not respond to my questions in the future. I'm sure there are others who are happy to help without being condescending.

Here's your thread: "My parents want to give me a lot to build a house on. What are the steps to do this? - My parents want to give me a lot to build a house on. I would like to know the steps I need to take to make this happen."

Where is ownership mentioned?

treylee · Jul 29, 2010, 11:55 AM

First off I appreciate that there are people out there that want to help others. I'm sorry this had to be my first experiece.

I know there is a lot to know about the subject I posted so I didn't really know where to start.

Scott - Thanks for giving me a little background on how the site works. Yes your answer helped a lot.

This8384 - Thanks for your opinion.

ScottGem · Jul 29, 2010, 12:06 PM

Originally Posted by treylee

I know there is a lot to know about the subject I posted so I didn't really know where to start.

Yes this is an issue that many newbies deal with. That's another reason why it pays to browse around and see how others use the site. Too little info and we don't know what you are asking. Scanty info and its hard to give a definitive answer. Too much info and the eyes tend to glaze over.

The key issue in your question was that your parents wanted to subdivide their property and deed you a part of it. Those two facts were essential in providing an answer.