Real Estate Law
The Ask the Real Estate Lawyer column by Samuel Tamkin answers your questions about real estate and the law. These helpful articles by Ilyce Glink and real estate attorney Samuel Tamkin cover all sorts of topics, everything from buying a vacation home to selling investment property.
Featured Real Estate Law Article
Transferring Home To Children When You Co-Own The Home With Them
Added October 1, 2009 by Samuel J. Tamkin
Transferring Home To Children When You Co-Own The Home With Them Many parents want to transfer their home to their children during their lifetime, rather than wait until they have died and transfer the property by will. In some cases, transferring a home to a child when the parent is living may be a mistake. In other cases, if the planning is done right, the parent can get his or her wish of having the home pass on to the child during his or her lifetime without adverse tax consequences for the parent. When you co-own a home with your children, you need to be extra careful in the way you transfer your interest to them.
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Use A Real Estate Attorney Even When Selling By Owner
Summary:
An experienced real estate attorney can usually help out with any real estate transaction, but a real estate attorney might be especially useful if you are selling your own home. When completing a FSBO sale, a real estate attorney can help protect you and make sure everything is done right…
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