Legal Question in Real Estate Law in Texas

Owner Finance / Gift Deed

my husband wants to owner finance 100 acres of land for a nephew - would a gift deed be appropriate for this type of transaction?


Asked on 5/07/09, 11:13 am

1 Answer from Attorneys

Cheryl Rivera Smith The Smith Law Firm

Re: Owner Finance / Gift Deed

No. You should contact an attorney to draw documents that will protect your interests in the event nephew doesn't pay. Typically I charge $500 for a complete doc prep package so you can get an idea of cost.

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Answered on 5/07/09, 6:10 pm


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