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Adding a family member to the deed as a joint owner for no consideration is considered a gift of 50% of the property's fair market value for tax purposes. If the value of the gift exceeds the annual exclusion limit ($16,000 for 2022) the donor will need to file a gift tax return (via Form 709) to report the transfer.

TYPES OF DEEDS Grant Deed. The grant deed is used when a person who is on the current deed transfers ownership or adds a new owner. The grantor (donor or seller) promises that all rights to the property are being transferred?there are no hidden owners or easements.

In Sacramento, call (916) 874-6334. To transfer ownership, disclaim ownership, or add someone to title, you will choose between a ?grant deed? and a ?quitclaim deed.? Spouses/domestic partners transferring property between each other may choose an ?interspousal deed.? Blank deeds are available at saclaw.org/forms.

Yes, you can put your spouse on the title without putting them on the mortgage. This would mean that they share ownership of the home but aren't legally responsible for making mortgage payments.

In Sacramento, call (916) 874-6334. To transfer ownership, disclaim ownership, or add someone to title, you will choose between a ?grant deed? and a ?quitclaim deed.? Spouses/domestic partners transferring property between each other may choose an ?interspousal deed.? Blank deeds are available at saclaw.org/forms.

In California, there exists a special type of remedy that allows for deeds to be canceled. This, however, is a rare outcome. The deed itself must be void or voidable in order for this to occur.