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What you need to know about transferring property ownership

| May 24, 2018 | Firm News

Losing a loved one is undoubtedly a difficult experience for anyone to encounter. When the person is no longer present, memories and emotions are often tied to the property and personal items left behind. Family real estate is often a treasure that holds value beyond its appraisal.

However, what many people don’t realize is that there is a process to follow when transferring property ownership. Automatic rights are not effective upon the death of the previous property owner. Specific actions need to be taken first to legalize the rights of the beneficiary to the home.

Conveyance of property in Texas

To get started, you will need to locate and identify the type of title that pertains to the property. The type of title will reveal the legal path that needs to be taken for ownership transfers. For example, a property deed is also known as an “instrument” in Texas and should be thoroughly handled in writing and with witnesses before the court.

Authenticity of the deed

The authenticity of a deed is determined by the criteria being followed in conveyance procedures. For example, if you are required by the court to have a signature or put a matter in writing, these steps cannot be ignored. It only delays the progress for lawful property transfer when the process is incomplete.

Speaking with a real estate lawyer or other financial experts can help alleviate misunderstandings and unexpected delays. Families and loved ones experience enough pain and remorse through grief without having to complicate matters more with legal issues. Making decisions through legal knowledge and support may greatly help your healing journey.

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