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Is there a way to signoff co-ownership without the other co-owner?
I'm co-owner of a property. I want to transfer ownership to another family member. I know what I'll be losing out in the near future. Is there a way to transfer ownership to another family member without the co-owner? He happens to be living in another county and I don't have a way to contact him at the moment. The house is paid off so there's no mortgage. I live in Massachusetts. I'm going to meet up with a lawyer soon but I want other people options,
4 Answers
- linkus86Lv 78 years agoFavorite Answer
Not if held as a joint tenancy on the deed. In a joint tenancy you have no define-able interest in the property. Thus even a quit claim would not be applicable. But if you had a tenancy in common deed, you could transfer ownership because your interest would be defined.
- goz1111Lv 78 years ago
Under the facts presented: Yes, you should be able to transfer your share of the property to a third person assuming the deed is either Tenant’s in common or Joint tenancy with right of survivorship
I believe Tenancy by the Entirety is the only ownership that requires the other deed holder to agree to a severance
- Ryan MLv 78 years ago
No there is not. In order for a deed to be modified, ALL parties on that deed must agree to it.
- troLv 78 years ago
no, that's what co owner means, they have as much control as you do and without their approval you cannot sell it
