An old man went back on his word after transferring his house to his grandson at the transaction price of 10 yuan! Why did he transfer it to his grandson in the first place?

An old man went back on his word after transferring his house to his grandson at the transaction price of 10 yuan. He was originally transferred to his grandson. Mainly because grandpa bought a school district and grandson wanted to go to primary school. In order to make his grandson go to school more smoothly, Grandpa signed a contract with his son and daughter-in-law and transferred the house to his grandson Xiao Zhang at the price of 10 yuan. But after the transfer, the house is still occupied by grandparents, and the property right certificate is still in grandpa's hand.

Grandpa Lao Zhang and his wife Chen Mou bought a school district house together. However, because their grandson Xiao Zhang was going to primary school in September 20 18, the Lao Zhang couple signed a contract with their son and daughter-in-law in August 20 19. The house was transferred to Xiao Zhang at the price of 10 yuan. But the title certificate is still in Lao Zhang's hand. On 202 1, Lao Zhang's wife Chen Mou was hospitalized due to illness. Then the Lao Zhang couple had a conflict with their son. So the son reported the loss of the property right certificate of the house and reapplied. Later, Lao Zhang's wife Chen Mou passed away. Lao Zhang brought a lawsuit to the court, demanding that the property right of the house be restored to his own name and confirming that the contract with his son was invalid. Lao Zhang said that the house was originally transferred to his grandson at the price of 10 yuan because his grandson wanted to go to school, but his son thought that Lao Zhang gave it voluntarily. Finally, the court ruled that the owner of the house belonged to the grandson.

The court held that the house sales contract concluded between Lao Zhang and his son at the price of 10 yuan was invalid because it was not traded at the normal house sales price. Moreover, when the house was transferred, grandson Xiao Zhang had successfully entered the corresponding school. Zhang has no evidence to prove that the two parties signed the contract for the temporary transfer of the grandson's enrollment, so Zhang's behavior was recognized as a gift. Therefore, the court ruled that the property right of the house belongs to grandson Xiao Zhang.

Parents should communicate clearly with their children when buying a house or giving them real estate, and show their consent in writing to avoid unnecessary disputes in the future.