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| Buying & Selling Property Buying and selling real estate property. |
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#1 |
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Posts: n/a
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I am adding my best friend to my title as an interest in my condo. I have a couple of questions before I do. Can she sell the condo if her and I are both 'grantees'? How difficult is it to remove her if need be later on? What if she refuses to sign it? I am not adding her to my mortgage, so I financially own the home. How can I specify in the deed that I am only giving her a percentage interest? Does she have to be present when adding her as an interest on the deed in Georgia? Does she have to be present when removing her from deed?
Thank you in advance. |
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#2 |
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Top Level Member
Last Online:
May 9th, 2008 06:26 PM Join Date: Mar 2007
Posts: 237
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Be careful--that can and often will give her full rights equal with you.
If two or more owners cannot agree on what to do with a piece of property they may petition the court and the court will order a sale or refinancing etc. so that the one or more may get out of the property obligation and/or the other(s) may keep it etc.--it is often done-- (This is true in some cases even for equitable owners that have paid various amounts etc., but for various reasons, may not be on title.) |
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