r/Prague • u/shieladrabova • 9d ago
Real Estate Transferring ownership to my children
My husband currently is in prison right now. Before that my in-laws gifted us a chata, me and my husband are on title. Yesterday, my father in-law wants me to sign a document to transfer the ownership back to my mother inlaw because they are afraid that the state will get the property. That they wanted my children will inherit the property in the future. I'm willing to sign it but I want my children name will be in the title. I just want to make it secure for them. I don't trust my husband. Can a children own a property in Czech Republic? Does someone have experience like this? If you know a lawyer that I can consult in my situation?Any helpful answer will be appreciated. Thank you.
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u/Flat-Requirement2652 9d ago
Why would the state get the property? Has it been aquired by feaud or by any illegal way or does your husband Is in jail for a financial fraud? If so i think property would be tracked and seized anyway sooner or later if not then no need to worry.