real estate


Question by  mina (17)

Can I add my son as an owner of my house?


Answer by  mammakat (11147)

Depending on your son's age, if he is able to enter into a contract, yes, on the title, but perhaps not the mortgage. Consult your clerk of court.


Answer by  npatin44 (258)

You can add your son as an owner of your house but the tax laws will regard that as a gift.


Answer by  flamiss22 (5081)

Absolutely you can. It is your house and you can put anyone's name on it. Remember though if anything happens to you then he will be held liable.


Answer by  tamarawilhite (17883)

Yes. This can be done by adding him to the deed. However, it does make the house an asset for which any debts he has can be liable.


Answer by  Dana15 (7)

Absolutely. As long as your son is an adult, adding him as an owner to your house should not be difficult. In general, the legal paperwork involved is minimal. However, you should consult a tax lawyer before doing so.


Answer by  hellomoto (125)

If he's over the age of 18, you can refinance the house and add him as a co-owner. Or you can gift him the house and put the title in his name.


Answer by  MathewLeonard (1)

No, not yet. You can make him nominee of your house but not an owner.

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