Is there any way that I can get my house back if was tricked into transferring it out of my name?

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Is there any way that I can get my house back if was tricked into transferring it out of my name?

A family friend wanted to rent to own my home. I was okay with it at the time but I was living in the home too at the time time. I had a water bill in my name and he had told me that the only way we could get the water back on was if I put my house in someone else’s name. I thought I could trust him and put went ahead and put the house in his name and the deal was $500 every month for rent and he was supposed to help me get a little 1-bedroom. We never did any contract because like I said I thought that I could trust him. Well it’s been almost 3 months and I haven’t received a full months rent yet and have had no help in finding another house. This house has been in my family for ages. Is it to late too get my house back?

Asked on December 31, 2018 under Real Estate Law, Oklahoma

Answers:

SJZ, Member, New York Bar / FreeAdvice Contributing Attorney

Answered 2 years ago | Contributor

You can try to void (or undo) the transfer for fraud: due to his misrepresenting (or lying about) a material (or important) fact, like what he would do and pay, in order to induce (or cause) you to enter into the transaction. Fraud can provide a basis to reverse or undo a transaction. However, voiding a transaction due to fraud can be quite complicated: retain an attorney to help you.


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