Q: Without running water, are you able to occupy a rental property in the state of Georgia?
Attorney Solution Brian LehmanA: The owner isn't allowed to rent it if the house is uninhabitable. Lack of running water causes it to be uninhabitable. Here is the Georgia Landlord-Tenant handbook: http://www.dca.ga.gov/housing/housingdevelopment/programs/downloads/Georgia_Landlord_Tenant_Handbook.pdf
Q: My father in law will sign the property title over to us do we want an attorney for this and what forms do we need
Attorney Solution Rachel Lea HunterA: You are in need of a real estate lawyer. There are really no forms of using a quit claim deed form that you buy at an office supply shop or legal forms spot on the web, unless you are thinking. Do not be affordable and believe because if something does not go right then you'll end up costing yourself means to get a mess cleared up, you'll save a few dollars. Go to a property lawyer and possess an effective title prepared. Deeds are not all that pricey. Nonetheless, some problems arise. While its swell your father in law would like to give property to you, there are gift tax consequences for him if the home is over $13,500 in value. In case the acreage is highly appreciated in value, there might even be a capital gains problem. Also, will he be needing Medicaid any moment in the next 5 years? You will find effects there also, if so. I think your father-in-law must take a seat using estate planning lawyer or a Medicaid and see exactly what the top way will probably be for him to transfer the piece of land to you so as to avoid other along with tax impacts.