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Barrister, Lawyer
Category: Real Estate Law
Satisfied Customers: 37367
Experience:  16 years real estate, Realtor. Landlord 26 years
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I bought my daughter a house, I want to keep the house in my

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I bought my daughter a house, I want to keep the house in my name only. My daughter wants her name on the deed. What should I do?
Hello and thank you for using JA! My goal is to provide you with excellent service and help with your legal problem.
If she is allowed to use it why does she want her name on the deed?
Did you buy the house for your daughter as a gift or did you buy it as an investment?
Customer: replied 4 years ago.

My daughter says if her name is XXXXX XXXXX deed it is also protection if something happens to me. I bought it as an investment. I will leave the house to my daughter if I pass away.

Ok, if it is an investment for you, then I would agree that there would not be any reason to add daughter to the deed. If you did, she would be a 50% owner and would have to agree to any sale if you decided to sell it. If she didn't, then you would have to file a partition lawsuit against her to force a sale. She would also be legally entitled to 50% of the proceeds of any sale. So it can create a lot of problems.
If you just want to leave it to her when you pass, then you can just do so via a will or trust.






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