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Legal age of homeowner?

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  • 11-01-2010 9:12pm
    #1
    johneym
    Site Banned Posts: 344 ✭✭


    HI

    does anybody know if a minor can own property in his name?

    Tks


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    #2
    Paulw
    Registered Users Posts: 13,381 ✭✭✭✭Paulw


    My understanding is that you have to be 18 years of age to enter in to the contract to buy a house.

    You might be better off asking in the Soc/Legal Discussion section.


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    #3
    Victor
    Registered Users Posts: 78,360 ✭✭✭✭Victor


    Agreed. Although I imagine they can still inherit.

    There are some complications and I understand there are changes with the new conveyancing act.


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    #4
    stepbar
    Closed Accounts Posts: 6,123 ✭✭✭stepbar


    I know of a person who bought 2 houses (one for each of his sons who are both minors). The houses are in the young lads names. Not sure how it was done.


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    #5
    Paulw
    Registered Users Posts: 13,381 ✭✭✭✭Paulw


    stepbar wrote: »
    I know of a person who bought 2 houses (one for each of his sons who are both minors). The houses are in the young lads names. Not sure how it was done.

    The homes are held "in trust" for the kids until they turn 18.


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