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7 answers

county clerks office real estate and deeds section, lots of paper work, probable large tax increase also.

2006-11-20 02:55:22 · answer #1 · answered by robert r 6 · 0 1

You will need to complete a Quitclaim deed. This will deed the house from your parents, to you AND your parents.
You may be able to find a blank quitclaim deed at Office Depot or Staples, or the library.
Title companies are so slow right now, they will probably charge you anything they can to help.

The form is very simple, all you need is the legal description. You can use $1 as a measure of good faith transaction.

You can get the QC form here if needed.
http://www.findlegalforms.com/xcart/customer/home.php?cat=524

It has to be filed in the county where the property is, Hillsborough.
So you take the completed QC deed to the courthouse.
It will cost about $12/page to record, PLUS doc stamps based on HALF the existing mortgage, if any. For instance, if the mortgage balance is $50,000, you will pay doc stamps on $25,000, which would be $175.00 plus the one-page QC filing of est $12. You can also call the courthouse and ask how much this will cost to confirm.

2006-11-20 05:01:50 · answer #2 · answered by jenay672001 3 · 0 0

A deed is simply the evidence that property is owned. You and your parents want to change the ownership from them to them and you. To do this, you prepare and the sellers/conveyors/GRANTORS sign (you, as a GRANTEE, do not sign the deed now) a deed that shows that your parents have conveyed their interest in the property to themselves AND you.

There are several different types of deeds. Browse to this webpage for more info about this:

http://www.first-time-home-buying.net/deed.html

Different states have different requirements as to which type needs to be EXECUTED (no, no one has to be sacrificed...) You can go to a competent real estate lawyer and be relatively sure that this conveying process is done correctly AND pay a lot bigger fee than necessary. Alternatively, you can go to the local Registry of Deeds and find the deed that shows your parents as owners (the Registry employees will gladly assist you,) copy it (the Registry will have appropriate copy machines,) and take it home and simply make the appropriate grantor/grantee changes. This copy will cost you a dollar or so.

Be certain that take the new, duly executed (signed and witnessed - possibly notarized - how was the copied deed witnessed?) deed back to the Registry to be recorded. This step makes the new ownership part of the public and legal record. Usually, an unrecorded deed can still be judged to be legal and be true evidence, but a subsequent but recorded deed will take precedence. This can damage you severely - make all your efforts in this endeavor be a waste of time.I cannot emphasize this too much - be SURE you record your new deed!

There will be a small fee for this, usually about $20 or so. I'm sure you're used to unavoidable governmental fees by now.

2006-11-20 03:47:10 · answer #3 · answered by PLS 2 · 0 0

Conctact a local title company. They can prepare a Quit Claim Deed for your parents to sign deeding you an interest in the property thereby putting you on the title.

2006-11-20 02:55:28 · answer #4 · answered by Anonymous · 1 0

This is done with a quit claim deed. It must be properly executed and filed in the register of deeds office. Have title company execute it for you. Your cost will be around $100. That should include the filing fees.

2006-11-20 02:56:27 · answer #5 · answered by golferwhoworks 7 · 1 0

Do what Mazzia says but let the title company tell you what type of deed and what type of interest you should take in the deed.
If you want to do some research on Florida's laws here are the links you will need:
LAWS: http://www.flsenate.gov/Statutes/index.cfm?Mode=View%20Statutes&Submenu=1&Tab=statutes
Uniform Commercial Code: http://www.flsenate.gov/statutes/index.cfm?App_mode=Display_Statute&URL=Ch0680/ch0680.htm
Buena Suerte

2006-11-20 03:00:03 · answer #6 · answered by newmexicorealestateforms 6 · 1 0

your parent have to do that for you

2006-11-20 07:30:30 · answer #7 · answered by ﺸÐïåMóñdÐôññåﺸ 5 · 0 0

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