Transferring Titles but maintaining lease - please help!
I would like to transfer the title of my rental property (in California)
to my daughter. The property is owned free and clear. However, I am
concerned because there are tenants in the property and we don't want to
make any changes to the lease and are also worried that changing
insurance policies would also be cumbersome. So I was considering
whether it'd be better to leave my name on the title with some
percentage of ownership. The idea behind that being that maybe we can
avoid having to notify our tenants and insurance companies of the
changes. Does anyone have any advice in regards to this? Thank you.