Paterno transferred ownership of home

Published 4:00 am Wednesday, November 16, 2011

Joe Paterno transferred full ownership of his house to his wife, Sue, for $1 in July, less than four months before a sexual abuse scandal engulfed his Penn State football program and the university.

Documents filed in Centre County, Pa., show that on July 21, Paterno’s house near campus was turned over to “Suzanne P. Paterno, trustee” for a dollar plus “love and affection.” The couple had previously held joint ownership of the house, which they bought in 1969 for $58,000.

Some legal experts, in trying to gauge the legal exposure of the university and its top officials to lawsuits, have theorized Paterno could be a target of civil actions.

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