Legal Question in Real Estate Law in Virginia
Is notarized, unrecorded document legal for transfer of property/business?
I am in posession of a notarized document conveying a percentage of a business and it's real estate to me. This document was never recorded in the county of origination. Will this document stand up in court against transferor for legal transfer of business/real estate?
I am also on a deed to a house in which I no longer reside. Can I force the sale of this property or demand money from it's equity, etc. for a buy-out from co-owner?
Thank you.
1 Answer from Attorneys
Re: Is notarized, unrecorded document legal for transfer of property/business?
Answer to your question #1: More facts are needed, and in all probability, a personal inspection of the document would be needed in order to answer this question.
Answer to your question #2: Yes, if you're legitimately on the deed as a co-owner(presumably
holding title as a tenant-in-common), you can sue for a partition and sale of the property.
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