Ohio  |  Real Estate Law

Legal Question

Asked on: 10/23/04, 9:23 am

What age to own Real Estate?

Hello, I am 16 years old and just received an inheritance from my grandparents. I want to purchase a home and car in my name alone. I want to rent the house out and drive the car for school. I do not want my parents to have thier names on any of the papers because they are terrible with money. I want it to just be mine.

Can I own a house and/or property in my name alone?

Can I purchase a car in my name alone?

I have over $200,000 to invest in these 2 things.

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