Full question:
If I deed my home to my son, can I retain life estate by a private contract between he and I without it being stated on the deed.
- Category: Real Property
- Subcategory: Deeds
- Date:
- State: Texas
Answer:
A life estate's owner's interest needed to be recorded with the County Clerk's office in a deed to be presently effective. By filing at the county recorder's office, required notice exists under the law to others who may have a claim on the property. Documents such as wills and trusts may be used to leave someone a future interest in property on the specified conditions and events stated in the document.
Please see the information at the following links:
http://www.co.hill.tx.us/ips/cms/countyoffices/countyClerk.html
http://www.co.hill.tx.us/ips/cms/countyoffices/countyClerk.html
http://definitions.uslegal.com/r/real-estate-reservation-life-estate-deeds/
http://definitions.uslegal.com/r/recorders-office/
http://definitions.uslegal.com/r/real-estate-deeds/
http://definitions.uslegal.com/w/wills/
http://definitions.uslegal.com/t/trusts/
Please see the forms at the following links:
http://www.uslegalforms.com/tx/TX-SDEED-8-3.htm
http://www.uslegalforms.com/tx/TX-SDEED-8-5.htm
http://www.uslegalforms.com/tx/TX-SDEED-8-4.htm
http://www.uslegalforms.com/tx/TX-021-77.htm
http://www.uslegalforms.com/wills/texas-will-forms.htm
http://www.uslegalforms.com/trusts/
http://www.uslegalforms.com/tx/TX-SDEED-2.htm
This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.