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I need to transfer titie of a duplex that my dad owed, I Am…

I need to...

I need to transfer titie of a duplex that my dad owed, I Am the trustie and I want to buy it there is a reverce mortgage on it i want to use my home equity line to buy it

Lawyer's Assistant: What steps have you taken so far? Have you prepared or filed any paperwork?

We nv

Lawyer's Assistant: Have you talked to a NV lawyer about this?

We are in utah

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Answered in 1 hour by:
3/19/2018
Barrister
Barrister, Lawyer
Category: Real Estate Law
Satisfied Customers: 42,555
Experience: 17 years real estate, Realtor. Landlord 26 years
Verified

Hello and welcome! My name is ***** ***** I am a licensed attorney and will try my best to help with your situation. There may be a slight delay in my responses as I type out an answer or reply.

.

If the property is in a trust, are you the beneficiary of the trust so as to inherit the home?

.

.

thanks

Barrister

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Customer reply replied 4 months ago
I have not filed any paper work, but i do not now how to go about doing titel transfor do i just go to a titel company and yes i am a beneficiary

Ok, if you are the beneficiary to the property, you just need to have a local real estate attorney or even a title or closing company prepare a quitclaim deed from the trust as the Grantor over to you as the Grantee. Then you sign the deed as trustee in front of a notary. Once that is done you record the deed in the local land records office to complete the transfer.

.

A title company or closing company should be able to quickly draft up the deed for you for around $100-150 and help with getting it executed and recorded.

.

.

thanks

Barrister

Barrister
Barrister, Lawyer
Category: Real Estate Law
Satisfied Customers: 42,555
Experience: 17 years real estate, Realtor. Landlord 26 years
Verified
Barrister and 87 other Real Estate Law Specialists are ready to help you
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Customer reply replied 4 months ago
OK i will go to a titel company thanks for your advise

Thank you very much for the positive rating and generous bonus, it is greatly appreciated!

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Barrister
Barrister
Barrister, Lawyer
Category: Real Estate Law
Satisfied Customers: 42,555
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Experience: 17 years real estate, Realtor. Landlord 26 years

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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

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