New Jersey Warranty Deed - Individual to Two Individuals

State:
New Jersey
Control #:
NJ-028-78
Format:
Word; 
Rich Text
Instant download

Description

This form is a Warranty Deed where the Grantor is an Individual and the Grantees are two Individuals. Grantor conveys and warrants the described property to the Grantees. Grantees take the property as joint tenants with the right of survivorship or as tenants in common. This deed complies with all state statutory laws.



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FAQ

Yes you can. This is called a transfer of equity but you will need the permission of your lender. If you are not married or in a civil partnership you may wish to consider creating a deed of trust and a living together agreement which we can explain to you.

Be in English or include an English translation (N.J.S.A. Identify the grantor / grantee (N.J.S.A. Be signed by the grantor with the name printed underneath (N.J.S.A. Include the name and mailing address of the grantee (N.J.S.A. Be notarized (N.J.S.A.

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. Free and clear means that no one else has rights to the title above the owner.

Title the deed and list the amount given for the transfer. If it is a quitclaim deed, title the deed Quitclaim Deed; for warranty deeds, title the deed Warranty Deed. Write In consideration of dollar amount to list the amount given for the transfer. List the names of the parties involved.

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.

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 add a co-owner, the bank would have to create a new home loan agreement, which must be registered after paying the due stamp duty and registration charges. The bank would also insist on making the co-owner a co-borrower in the home loan applicable.

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New Jersey Warranty Deed - Individual to Two Individuals