Q: I inherited house with relative who lives there and not caring for it. Can I deed my half with no future consequences?
I live out of town. I pay the taxes and relative had agreed to pay all else. She is not and also not caring for house. I can not afford to cover for her. I do not want anything else to do with it as I feel the value of this small home decreases every month. Selling is out of question as my relative does not want to sell and has no where else to go. Will it cost me anything to do this?
A: You can transfer your ownership interest to your relative by signing a Quitclaim Deed and recording it in the county where the property is located.
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