AlleyCat
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- Jun 18, 2005
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so... I buy the house from dad, but don't really have enough to fully pay him for the house. Good ol dad puts a lean on the house for $100,000. My name is still on the deed and that is what shows on the county land search database. Not my dad's name, Right? (assuming that all pertinent taxes are calculated, filed, and paid)
That really depends on how it's recorded. If there wasn't an official closing in which your dad signed a transfer of deed and paid deed taxes, it very well might still be in your dads name. Of course, I don't know all the circumstances here.