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Deeds and Titles commercial property
Here's the scenario:
Little old grandmother builds and solely owns and runs a 12 unit apartment complex in Mississippi for 20 years. She unwisely decides to have her daughter added to the deed, as agesture of godwill and in hopes it will straighten the child out. Since then this daughter has become a drug addict and convicted felon, serving a couple of years of prison for drug related crimes as well as theft. Now that she is out of prison she is pressuring grandma to give the property over to her. In addition she is involved in drug dealing on the property as well as collecting rent to fuel her drug habit, even though she does nothing to contribute to running or manageing the properties. Grandma is always surprised to hear that a tenant already paid the rent "to your daughter". Is there a way to have this undeserving daughter removed from the deed so she has no right to the property? |
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The only way to do this is if Grandma decides this is what she wants to do.
If Grandma decides she has had enough, then she needs to seek out a real estate attorney and begin the process of transferring title back into her own name. If her daughter agrees to it, this will be an easy process. If her daughter refuses to sign it back over, it becomes more complicated, but the RE attorney can advise her as to what her legal options are. Usually, an initial consultation is free, so it doesn't hurt Grandma to find out what it will take to change the property back to sole ownership. |
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