Summary
Transferring property ownership in Missouri involves signing a new title or deed, notarizing it, and recording it at the County Recorders Office. Transferring a title does not automatically transfer the debt; the existing loan must be paid off or the lender must approve a loan assumption. Consult a local real estate attorney for personalized guidance.Full Conversation
My father in law and his wife own the property where my me, husband and our children live.
Hello ****, it sounds like you're dealing with property-related issues. Could you please provide more details about your concern? Also, please let me know your location as laws can vary.
We have a mobile home here but it also is in their names.
Hello ****, it seems like you're dealing with a complex situation. Could you please let me know your location? It is important as property laws vary by state.
I live in Missouri
Hello ****, based on your situation in Missouri:
- Mobile homes are considered personal property unless affixed to land.
- Ownership is often determined by the title.
For detailed advice, consult with a local real estate attorney.
They want to remove their names and add ours. How can we do that?
In Missouri, transferring property ownership involves:
- Signing a new title or deed.
- Notarizing it.
- Recording it at the County Recorder's Office.
Consult a local real estate attorney for personalized guidance.
Would that transfer the debt of our home as well .. we still owe on our home.
In Missouri:
- Transferring a title does not automatically transfer the debt.
- The existing loan must be paid off or the lender must approve a loan assumption.
- Consult a local real estate attorney for advice specific to your situation.
Thank you!
You're welcome, ****! If you have any more questions in the future, don't hesitate to ask. We're here to help. Best of luck with your property transfer!
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