I have divorced from my wife who still lives in Puerto Rico. I have moved to Texas and want to let her have the house for her and my son. I want to remove my name from the title to the house. I was told I could do this with a Warranty/Grant Deed. Is this true? I was also told I could draw it up and just have it notarized in PUerto Rico to do this. Is this correct?
3 Answers from Attorneys
This matter must be addressed under Puerto Rico Law. In order to transfer title to your son a Donation is the transaction. We can advise you on this matter.
Mr. Catala is correct. You will need to comply with the laws of Puerto Rico if that is where the house is located.
You need to draft and sign a donation deed. This sort of transaction actually has a tax impact which you must pay.