Can I gift my parent home to my siblings without paying any tax? The home is valued at $25,000
If your question pertains to state and local realty transfer tax, then the good news is that a transfer to one or more siblings is exempt.
Conshohocken, PA
Real estate Lawyer at Conshohocken, PA
Practice Areas: Real Estate, Business ... +3 more
If your question pertains to state and local realty transfer tax, then the good news is that a transfer to one or more siblings is exempt.
If the lien is valid, and not excepted from coverage, you should submit a claim to the title company.
You have not provided enough information to answer the question, e.g. is there a Will? Has an estate been opened for your mother? Was the title...
The answer probably lies within the Agreement of Sale, and often a builder includes safeguards that allow for extensions beyond an anticipated...
The best way would be to ask politely, with proof of the deeded boundary line. It's possible the township could issue a notice if there is a code...
Yes, you will need to complete the SOV form, and transfer taxes will be assessed unless an exemption applies. Consulting with an attorney would...
I disagree that 3 1/2 months with no deed recorded is normal, even during covid. I suggest asking the title agency for proof the deed was submitted...
If she wants half of the value of the house, is she also willing to pay half of any remaining mortgage loan balance? It sounds like you should...
In order to sell or refinance the property, the title company may require a new deed be recorded, and you will need to determine who can sign for...
You only need the borrower's notarized signature on the mortgage in order to record it with the County. But there may be additional considerations...