What is the name of your state (only U.S. law)? California
We purchased a mobile home for my parents in a 55+ community. As we are not 55 their names are on the title. What would be the best way to ensure that, should anything happen to them (they are in their 70's), we would get the money due to us? Should we do a quitclaim agreement or should we do a loan document between us? Also would either document need to be recorded with the county?
Many thanks
We purchased a mobile home for my parents in a 55+ community. As we are not 55 their names are on the title. What would be the best way to ensure that, should anything happen to them (they are in their 70's), we would get the money due to us? Should we do a quitclaim agreement or should we do a loan document between us? Also would either document need to be recorded with the county?
Many thanks