Revocable Living Trust - Selling a Home

[jlcl]

What is the name of your state?What is the name of your state? California

My mom and dad own 50% each of a house before they transferred the house to a revocable living trust. So, now the house's owner is the living trust under both of their names.

I'm planning to purchase my Dad's (50%) portion of the house from the living trust. Who do I need to sign my contract with? Would the contracting party be the trust or my dad? Please advise. Thank you.

 

[Dandy Don]

You need to be dealing only with the trustee of the trust, whoever that is. And make sure you also get a real estate attorney to insure that the deed has been recorded correctly to avoid any future problems that might involve actual ownership.