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    akats68's Avatar
    akats68 Posts: 1, Reputation: 1
    New Member
     
    #1

    Oct 9, 2007, 05:45 AM
    Home transfer of ownership in Quebec
    My parents have decided they no longer want the responsibility of home ownership and would like me to take this over. The home is a duplex, with no mortgage. My parents live in the upper apartment and my family and I have lived in the lower apartment for the past 14 years. What is the best way to go about this and what types of cost are involved?
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
     
    #2

    Oct 9, 2007, 07:11 AM
    I would have them SELL you the property with your mortgage payment to them equal to their rent payment to you so it's a wash.
    NeedKarma's Avatar
    NeedKarma Posts: 10,635, Reputation: 1706
    Uber Member
     
    #3

    Oct 9, 2007, 07:13 AM
    Check it out with a notary.

    Salut!

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