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Finances, Property

Real property is generally governed by city, county and state law. Where possible, consult a lawyer for advice on the property laws that affect your property and what would be your individual best course of action.

  • If you are a co-owner of real property, consider transferring your ownership interest to the other co-owner of the real property or granting them a limited power of attorney to act on your behalf.
  • If there is a mortgage or deed of trust on the property, consult your lender before transferring any interest in your real property.
  • Notify your lender if you intend to sell or transfer any interest in the real property.
  • Coordinate with the co-owner of the property to maintain the real property and to make payments of any loan, mortgage or property taxes in your absence.
  • Consider having someone you trust maintain the real property if there is no co-owner or co-owner isn’t available.
  • Consider granting limited power of attorney to someone who will remain in the U.S. to make payments of any loan, mortgage or property taxes in your absence.