Can I buy a house before selling my other one?
How can I add electrical outlets to my house?
How do I add a person to the deed on my house?
How do I add two columns together in a works spreadsheet?
How do you deal with the taxes when you are gifted a house?
How much soil can I add around the base of an old Red Japanese ornamental plum tree?
How would I start an owner operator business?
family real estate
Question by mina (17)
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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