How can I remove my sisters name on the deed to our house?

Question Details:

My sister and I jointly and equally own the house that I am living in. She lives elsewhere. I have been paying all of the property and school taxes and the homeowners insurance on the house as well. Recently I have become disable, and there is a property/school tax reduction available for disabled persons on limited income. Being approved for that reduction would assist me greatly in meeting my financial obligations. Currently both my sister's name and my name are on the deed. The guidelines for qualifying for the exemption is based on income, so her income would also be considered when making the determination. We want to know if there are any financial or legal consequences in removing her name from the deed? I approached my sister concerning the matter and she was agreeable.

Sharon Siegel / Siegel & Siegel, P.C. Answered 8 years ago | Contributor
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