Transfer of ownership by new deed

Some of you need to make changes to the ownership of your property. If you have owned a property in your own name and are now newly married and want to add your wife as a co-owner of the property, you should create a new deed that would add her as a new co-owner of that property. Typically, a waiver claim deed is used to do this. In this case, the title of this property would be in his name and that of his wife as Community Property with Right of Survival. In this case, if either party dies, the property can pass directly to the surviving spouse without probate action.

A deed is a legal document that transfers ownership or an ownership interest in a home, commercial building, or parcel of land to another person, trust, living trust, partnership, limited liability company, corporation, or any other legal entity that may own property under the law of that state. Real estate is always under the jurisdiction of the

state in which it is.

This deed must describe the address of the property and have the legal description that legally describes the property printed or typed on the deed. The party that grants the transfer of the deed is called the “Grantor” and the party that receives the transfer of the deed is called the “Beneficiary.”

This document lists all the names of the parties involved in the real estate transfer. Once the deed has been signed, the County Recorder records it in the County Register and becomes part of the public record, and any member of the public can view the transfer of the deed by examining the public records.

There are many types of deeds with which real estate is transferred. For example, a deed of guarantee guarantees that the “Grantor” owns the title, while the deed of resignation only transfers the interest in the real property held by a “Concessionaire.” Most married couples normally have title to real estate under community property with a right of survivorship. People who are not married can own real estate as joint tenants with the right of survivorship. This means that if one party dies, the other party’s ownership interest will go directly to the surviving spouse or partner.

Most deeds are recorded as a transfer of title to a sale through the use of a title company that searches the public record and ensures that the “Buyer” obtains a clear title from the “Seller.” This insurance policy assures the Lender that a real estate loan is being used to acquire the property that its loan documents will be in first or second position and that there are no deed restrictions, unpaid taxes, easements, bond appraisal or other possible easements. or usurpations. on the property.