Indiana Warranty Deed - Two Individuals, or Husband and Wife, as Grantors, both by attorney in fact, to an individual Grantee

State:
Indiana
Control #:
IN-03-81
Format:
Word; 
Rich Text
Instant download

Description

This form is a Warranty Deed where the Grantors are two individuals or husband and wife, both acting through an attorney in fact authorized by a recorded power of attorney, and the Grantee is an individual. Grantors convey and warrant the described property to Grantee. This deed complies with all state statutory laws.

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FAQ

Another thing to remember when consider is that if you don't have your name on the mortgage or on the deeds of the property then your partner could kick you out of the house and you have no legal rights here.If you are an unmarried partner whose name is not on the mortgage then your rights will be very limited.

If you live in a common-law state, you can keep your spouse's name off the title the document that says who owns the property.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.

Adding someone to your house deed requires the filing of a legal form known as a quitclaim deed. When executed and notarized, the quitclaim deed legally overrides the current deed to your home. By filing the quitclaim deed, you can add someone to the title of your home, in effect transferring a share of ownership.

The Grantee in a Quitclaim Deed is the person who is being given interest in a property from the Grantor. It is possible for someone to be both a Grantor and a Grantee in a Quitclaim Deed.Most real estate deeds are notarized by attorneys.

If you've recently married and already own a home or other real estate, you may want to add your new spouse to the deed for your property so the two of you own it jointly. To add a spouse to a deed, all you have to do is literally fill out, sign and record a new deed in your county recorder's office.

A In order to make your partner a joint owner you will need to add his name at the Land Registry, for which there is a fee of £280 (assuming you transfer half the house to him). You won't, however, have to pay capital gains tax, as gifts between civil partners (and spouses) are tax free.

In California, all property bought during the marriage with income that was earned during the marriage is deemed "community property." The law implies that both spouses own this property equally, regardless of which name is on the title deed.

In all fifty states, a deed must be signed and acknowledged by the grantor. Additional signatures may also be required, such as a grantee's signature, witnesses, a notary public, and the document preparer.

It is possible to be named on the title deed of a home without being on the mortgage. However, doing so assumes risks of ownership because the title is not free and clear of liens and possible other encumbrances.If a mortgage exists, it's best to work with the lender to make sure everyone on the title is protected.

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Indiana Warranty Deed - Two Individuals, or Husband and Wife, as Grantors, both by attorney in fact, to an individual Grantee