can I get a copy of a warrenty deed, tenents in common so I will know how to fill mine out?

Question

I need to put my Moms' name on it so she'll get the house if I die. I'm an unmarried person.

Answer 1

I think it would be best if you let the property pass in accordance via a will or trust ? If mother is ever in need of nursing home or home health care and needs government assistance like Medicaid, there will be issues regarding the ownership of the property. I f you really want to do this by deed here is an example for you allowing her a life estate which should not affect her qualifying for public assitance if ever needed.

THIS DEED is made on September , 2006,

between, YOU,

whose address is WHEREVER YOU LIVE, City State and Zip

referred to as the Grantor,

and Mother's Name, as Life Tenant ,and You as remaindermen, and as to the remainderman as tenants in common,

whose address is WHERE YOU LIVE

referred to as the Grantee. The words "Grantor" and "Grantee" shall mean all Grantors and all
Grantees listed above.

Transfer of Ownership. The Grantor grants and conveys (transfers ownership of) a life estate in the property described below to the Grantee. Notwithstanding the above, the Grantor excepts from this transfer and reserves a remainder interest to the Grantor. Grantor conveys to the Life Tenant possession and use of the premises and the exclusive enjoyment, possession and use of the premises and the exclusive right to all rents, issues and profits. Upon the death of the Life Tenant all interest in the property reverts to the remaindermen, their heirs and assigns. This transfer is made for the sum of One Dollar ($1.00). The Grantor acknowledges receipt of this money.

Hope this works for you. The atty's I work for charge $275/hr to do consulting like this.....

Answer 2

You should be able to get one from a library.

You might want to consider just haveing sole ownership of your propery and leaving it to your mother in your will. Having someone else's name on your title can cause tax conequences as well as legal problems up the road. And if you and your mom have a falling out.... And what happens if she dies before you, which will more than likely happen. Then perhaps you'll have to pay to buy your own property back.

I'd check with a real estate lawyer and a tax professional before you make any final decision.



Tenants in common
When two or more co-owners take title to real estate, especially if they are not married to each other, they often become tenants in common. For example, two realty investors might select this method.

Each tenant in common owns a specified interest in the property. It need not be equal. For example, one owner might own a 50% interest, another could own a 10% interest and a third tenant in common could own a 40% share. The percentage ownership is specified on the deed.

A major advantage is that each tenant in common can sell or pass his interest by his will to whomever he or she wishes.

For this reason, tenancy in common is especially popular in second marriages, so each spouse can will his or her share to the children from a first marriage. Tenancy in common property is subject to probate court costs and delays.

A disadvantage is that the remaining tenant in common could wind up co-owning property with a stranger.

Another disadvantage (also true for joint tenancy) is that a tenant in common can bring a partition lawsuit to force a property sale if the other co-owners are unwilling to sell. The court can then order the property sold, with the proceeds split among the co-owners according to their ownership shares.

Answer 3

call a community call enterprise, make an appointment to get the deed transferred to the only which will very own the domicile. tell the call enterprise what you prefer to do. The call enterprise will oftentimes charge a cost for his or her centers. you ought to ask, once you call of the fee for his or her provider. in spite of each thing have signed the right deed the call enterprise will then make certain that the deed is wisely recorded on the county recorders place of work that the valuables is placed in. Please use a call enterprise and not an criminal expert for this transaction. dealing with a call enterprise ought to evade achievable criminal issues interior the destiny. i'm hoping this has been of a few use to you, solid success. "combat ON"

Answer 4

Ask suze orman she knows everything. You can buy her software on QVC