Q: Mom died - Can I Quit Claim Deed my moms investment property that is need of MAJOR repairs?
I live in North Carolina - my mom has investment property in Philadelphia PA where she lived. The property was in the process of being fixed up prior to her illness 7 years ago. Property is in need of MAJOR repairs especially after just sitting as shell. I do not have any interest in repairing or selling the house. I've kept taxes and utilities paid over the years. I just want to get rid of it as is ASAP! No will, liens or other issues.
A:
Unfortunately, this is not a simple problem, and you will need to consult with a Pennsylvania lawyer to advise you.
If you do absolutely nothing, and just leave the property, paying no taxes or utilities, in due course, it will be foreclosed on by any mortgage holder or by the city for delinquent taxes. If people are living in this property, they will obviously have to be given notice in advance so that they can vacate.
To "get rid" of the property otherwise will require a deed of conveyance to someone, even if it is just given away. However, to give a deed requires that you first open an estate and be appointed as Administrator. Since you live out of state, you may be required to post a bond. Further, once you open an estate, there will be tax returns to file, legal and administrative fees, etc.
You would be best advised to promptly consult a lawyer to help you sort this out and get things taken care of.
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