Transferring title to another name before release

Posted in QA on March 28th, 2011 by admin | No comments
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Question:

My parents bought a property from a real estate, since the title has not been released yet they want to put it under my name. Would it be possible to transfer the land title straight to me? Or is it really needed to release the title first within their name and transfer it to me after…

Answer:

You could arrange easily with the developer before they process the transfer. If done, then you could still transfer under your name by deed of donation executed by your parents. You have pay a donor’s fee.

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