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David Dawson

XYZ Brokerage

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When was the property sold for a dollar?

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justino peralta, "justinoperalta"

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Question refers to 57 Alder St, Waterbury, CT 06708
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May 24 - Waterbury
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julie78787

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You'd have to look at all of the sales transactions for the home.  Typically they are recorded with the tax collector's office.

Sometimes homes sell for $1 when ownership is being transferred under some legal agreement, such as a divorce.  The $1 sales price is a nominal 'consideration' and usually a legal fiction -- the value of the home is much greater, but there is no transfer of cash, only transfer of ownership.
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May 24
 

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