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re: Possible to buy family members out of property in individual transacations?

Posted on 12/18/15 at 1:59 pm to
Posted by LSUGUMBO
Shreveport, LA
Member since Sep 2005
8542 posts
Posted on 12/18/15 at 1:59 pm to
Not that difficult. If it's a cash sale, all you need is a deed and a check for each of them. Any reason you can't get them all together and have them sign 1 deed? Only reason I ask is because filing fees can get pretty pricey if you have to file 6 individual instruments.

I think if it was me, I'd draw up the deed and have the signature and notary on a separate page, so you end up with 1 deed and 6 signature pages.
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