How to Transfer Title When Vested in a Minor
Can parents sign for the minor in case the title is vested in a minor?
a) Yes, the parents can sign for the minor
b) No, the minor can sign so long as he has his attorney approve
c) No, a guardian must be appointed by the probate court
d) No, an attorney must sign for the minor
Answer:
When title is vested in a minor, a guardian must typically be appointed by the probate court to manage this aspect of the minor's estate.
When the title of a property is vested in a minor, special considerations need to be taken into account when it comes to transferring ownership. Minors are legally not competent to handle significant financial transactions or estate matters on their own, which includes signing legal documents to transfer title.
While parents can make decisions on behalf of their minor children in various situations, they cannot sign on behalf of the minor to legally transfer title. In such cases, a guardian must usually be appointed by the probate court to manage the minor's estate affairs related to the property title.
Legislations may vary in different jurisdictions, but the general rule is that a guardian needs to be appointed to sign legal documents for the minor involved in real estate transactions or handling estate matters. This is done to ensure that the minor's interests are being properly protected and managed by someone legally authorized to do so.