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    nancyeh53's Avatar
    nancyeh53 Posts: 7, Reputation: 1
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    #1

    Nov 21, 2012, 09:17 AM
    Property sale law in Louisana
    I want to sell my home to my grandson, can I draw up an agreement and have it notarized and file it with the state ? Would that be legal and put it in his name with me being the finance party ?
    AK lawyer's Avatar
    AK lawyer Posts: 12,592, Reputation: 977
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    #2

    Nov 21, 2012, 09:43 AM
    Yes, but generally such an agreement would be recorded not with the state but with the county clerk (or parrish in Louisiana). Invest a few hundred dollars to get a lawyer help you with this right; otherwise I guarantee you will make mistakes which will cost you or your grandson much more in the long run.
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
     
    #3

    Nov 21, 2012, 11:59 AM
    You might be able to save some money by getting a title company to handle the transfer. But I would not just D-I-Y it.

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