Transfer of Interest in Real Estate to Child
September 16, 2009
Married couple transferred non-residence to three children. Appellant claimed one child provided services in exchange for interest in property pursuant to an oral agreement. Hearing Officer found child’s records inconsistent and testimony to be self-serving and vague. One child provided parents with cash as a partial return of the transfer of real estate for less than fair market value. Hearing Officer upheld DSS penalty.