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06-11-2008, 06:37 PM
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Posts: n/a
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Gift of equity
My son and I co-own a condo in which he resides. We have a 50/50 investment and there is about $20K equity. I want to make a gift to him of my $10K equity. How do I do it so it is recognized by law, real estate and fincance companies and others? (We are not planning to sell any time soon)
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