Title deeds, property deeds

[stevewool]

Not to sure if they are the same things, but here I go.

The title deeds to the land where the house is built and who owns them, we have been offered the title deeds from the father because of some aggravation from others, but I am not sure what this entails.

I am lead to believe and told that once 1 parent passes there share of the land goes towards the children and the remaining half stays with the other half then if anything happens to them then his or her shares are then given away to the child, if that is the case they each should receive 20% as there are 5 siblings.

So can the remaining parent give all there share to who ever they want and also do the rest of the family have to agree to this , I am thinking that all this needs to be done properly and paid for too, again just thinking about things , I have tried to look up on the internet but where siblings are concerned and maybe there not happy about it there is nothing there to help me .

[Old55]

Respectfully, Steve don't do it. Are you sure you want to open this huge can of worms considering Emma's family history?

If you must proceed only do so with a good attorney. 

 

[stevewool]

54 minutes ago, Old55 said:

Respectfully, Steve don't do it. Are you sure you want to open this huge can of worms considering Emma's family history?

If you must proceed only do so with a good attorney. 

 

It was something the father mentioned as it seems Emma is doing most of the things for his future care, that’s why I mentioned about the apartment for rent and that will be  his money, plus it could be something for Emma in the future too.

I don’t want anything from the family and in my eyes 20% is better then nothing and 60% could bring so much more stress and hate from a few.

[Clermont]

Steve google, I think his name is "Chan Road,"  and he goes through the process of inheritance. Don't let the old fellow give you the land or you buy it off him, like old 55 said, it isn't worth the trouble. 

[Guy F.]

Clermont may be thinking of Chan Robles, a law firm which maintains a public online law library of PI and US law, supreme court decisions etc. I won't link to their home page but here is their library.

 

[Gary D]

The fami!y code would be a good reference.

[stevewool]

39 minutes ago, Gary D said:

The fami!y code would be a good reference.

What’s that, the oldest boy gets everything or strongest girl.

[Joey G]

I'll second the "don't do it", and further offer not to get involved, hide your wallet on this subject, and stay as far away as possible. My wife went through this sort of fiasco (inheritance and land/house transfers) in spades.  Biggest mess I've ever observed in my life. Lawyers love this... you can't burn your money much faster. After 10 years I told her just forget about it (it's still being contested). Plus the problem exponentially escalates each generation thats things aren't settled as the family involved "grows". 

OK... I'm sure there are situations where everything worked out well and easily :)  But I'll bet it's not the norm.

 

[Mike J]

My wife wanted to buy a piece of land and build a house for her parents.  They lived in a very depressed area with a lot of crime and other problems.  I told her I would do only if the land and house were in my wife's name, not her parents.  We did buy a 1250 meter lot and build them a nice house on the land.  The property is in my wife's name (married to me).  The parents know this, the brothers, sisters, nieces and nephews also know this. 

Buying land here can be a nightmare.  Buying land from your in laws would be even worse,  The problems with the other children that you have now would escalate to an unknown level.  You can be assured that they would tell papa that you were cheating him on the price.  My advice is the same as the others, don't buy the house and land.  Even though you are putting in the money, expect that Emma will only get her 20% back.  And that may come with a battle, after years of bickering because the house would need to be sold unless one sibling chooses to buy out the others.

You have enough problems with her family, this would compound them.  Just my opinion of course.  Best of luck no matter what you decide. 

[Tommy T.]

The advice above is all sound and good in my opinion.

But, add in also that there can be claimed ownership rights from distant relatives too - nieces, nephews, cousins. In certain circumstances, many relatives can claim payments or rights. Finding a good lawyer familiar with land sales and inheritance issues is your best first step with anything to do with real estate here. And, even then, there are no guarantees. Be very careful!