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w.smith | 11:39 Fri 02nd Feb 2007 | Law
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can my brother sign his house over to me
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Yes, but only by deed. He should contact his solicitor.
yes,if it is paid for in full,no,if it has a mortgage or charge on it,consult a solicitor
well yes in principle

but not if he's renting it

and if he's mortgaged it, and you move in and pay the mortgage for 25 yrs, he gets the whole house in 25 years so THAT's not a good idea.....

oh, and if he's paid cash for it, and the police are after him, then you may find the transfer is voided.

oh, and if there is a question to HIS title, then he can try but THAT may be voided by the other owner....

Oh, and if he is 87 nad goinng into a home, then that wont work

similarly if he gives it to you and stays inn it, then that wont work for inheritance tax purposes

Oh, if it is his other house, and youdont own one yet, and are planning to sell it three weeks afterwards
then hewould or may still be taxed for Capital Gains


other than that, there is no reason why he shouldnt

See a solicitor and dont try to do it yourself, as some of these courses of actions can't be unwound, once you see the tax bill.

PP

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