Do I use a quit claim deed or a grant deed?
Thanks
2007-08-20 15:58:44 · 5 answers · asked by Mr. love 3 in Business & Finance ➔ Renting & Real Estate
Either would work. I suggest a grant deed, which (unlike a quit-claim deed), claims that you do in fact have some vestable title in the property. The typical form would be John Doe grants to John Doe and Mary Doe, as community property, the real estate known as ..... You do not need an attorney to do this; just type it up yourself on a form from a stationer's. Be sure to copy the legal description of the property exactly from your original deed. Take the thing to a notary to get notarized, and then to the county recorder's office for recordation. There will be a small fee. One gotcha: be sure that the transfer doesn't precipitate a revaluation of the property under Proposition 13. (The county recorder's office should know.)
2007-08-20 16:12:03 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Do not and I repeat DO NOT add your wife to the title or quit claim to her. This is your house. I quit claim my home of 20 years to my new wife and within two years we got a divorce and I had to give her 1/2 the equity and buy her out. The hole time she said Honey I would never take your house away from you. yea right!!!! She also tried to get the money I received from my father when he died. You are just giving your rights away and trust me it will bite you in the butt. 50% of all marriages in the USA end in divorce. Love is grand when everything is good, but when it's bad it's hell. If she tells you honey, if you really loved me you will do this. I say bull-****, what does money have to do with love. Put her in your will and if you die she will get it then.
2007-08-21 07:46:37 · answer #2 · answered by Leo F 4 · 0⤊ 0⤋
Try going to Legalzoom.com for answers. They have a form you can fill out on line and will tell you what is the best route to take in your situation. I believe a warranty deed or grant deed is a stronger document though.
2007-08-20 17:02:23 · answer #3 · answered by MikeN7 2 · 0⤊ 0⤋
Check with a real estate attorney. You should have an attorney prepare the paperwork any way.
2007-08-20 16:11:12 · answer #4 · answered by bdancer222 7 · 0⤊ 0⤋
I believe a grant deed.
I hope I am not imposing, but just leave her as your beneficiary. Things happen and if you were to separate its hers.
2007-08-20 16:08:00 · answer #5 · answered by Lilys4u 2 · 0⤊ 0⤋