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Maryland Warranty Deed - Husband and Wife to Three Individuals

State:
Maryland
Control #:
MD-019-78
Format:
Word; 
Rich Text
Instant download

Description

This form is a Warranty Deed where the grantors are husband and wife and the grantees are three individuals. Grantees take the property as tenants in common or joint tenants with the right of survivorship. Grantors convey and warrant the described property to grantees. This deed complies with all state statutory laws.

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FAQ

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.

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.

To change the names on a real estate deed, you will need to file a new deed with the Division of Land Records in the Circuit Court for the county where the property is located. The clerk will record the new deed.

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.

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.

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.

In most states you can file a disclaimer or deed of disclaimer that says specifically you were placed in title without your knowledge or consent and disclaim the deed.

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Maryland Warranty Deed - Husband and Wife to Three Individuals