Not a lawyer here, but at some point they really ought to drop a few bucks on one to make sure things are done properly. There's something rattliing around in my gin-soaked brain about the "Statute of Frauds" and the requirement that everything regarding the transfer of real estate has to be written.I tried to warn my brother at the time that there would be tax implications; however, it didn't sink in. He was only focused on finding a way to help his son purchase the house in the absence of traditional financing. He now realizes the error of his ways.
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