my siblings and I share ownership of a family property with a small home. My siblings want to be released from the deed and ownership responsibilities. I would then become sole owner. There is not a purchase price, I am already on the deed. Will there be a capitol gains tax involved for them?
Whether you are a buying or selling a house, a flat or own any other type of property (single family house, commercial real estate), a knowledgeable realtor attorney may help you. Do not use the Seller's Agent, there are many reasons why to hire a real estate lawyer near you. Experienced real estate agents earn high commissions, but they usually have contacts with mortgage loan brokers, inspectors and others who can make your buying process more comfortable and easier. You should hire the best rated and reviewed real estate lawyer, as these agents have a built-in conflict of interest. A real-estate lawyer should protect your legal rights and the best interests in the transaction. Ever!
- Property lawyers can protect our rights when we buy or sell property.
- Real estate attorneys know very well all of the legal documents that have to be collected and completed on time.
- These agents can accelerate the settlement process and save your money.