Q: Can I buy a house and deed it in my name only if married in Oklahoma?
I own a house in Texas that I purchased alone 14 years ago before meeting my current spouse (he leased before moving in with me and has never owned property). We married in Oklahoma 4 years ago and are now wanting to move there permanently. I would like to sell my home in Texas and use the proceeds from the sell to pay, in full, in cash, for our shared home in Oklahoma.
However, I would like the new house to be in my name only as the funds to buy it are exclusively coming from the sell of my house in Texas. I would like the house in Oklahoma to go to my adult son after my death but with the rights of my spouse to remain living in and maintaining it for the remainder of his life should I die first. Is this solo purchase and arrangement possible in Oklahoma while married? What, if any, documents might my husband need to sign at closing of Oklahoma house? Thank you.
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A: Hire an OK attorney to draft a life estate/remainder deed. Do not use a title company.
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