Append Number Deed For Free

Prepare a New Deed To Avoid Probate Ideally, you won't just "add" your child's name to your existing deed. Instead, you'll create a new deed with a group of owners, perhaps you, your spouse, and your child. You'll become joint tenants with rights of survivorship.

It's perfectly legal to co-own a house with someone to whom you're not married. You can put your name on the deed even if you don't sign the mortgage, provided the lender agrees. Taking title as unmarried partners or friends, however, is often more complicated than when a married couple buys a house.

Many people think it is a good idea to put their child's name on the deed to their home, especially if one of the parents is deceased. Usually the motivation is to avoid inheritance tax and probate, or to prevent the family home from being sold to pay for nursing home expenses.

The person whose name is on the deed has the title to the property. It doesn't matter whether the property was transferred by purchase, inheritance or gift. It's the deed that transfers title. The title deed has the property's legal description, including property or boundary lines.

An owner who wants to add a co-owner to his property, will have to do so by way of creating a new deed altogether. This new deed must also be registered at the sub-registrar's office, to attain a legal validity under the Transfer of Property Act.

As a homeowner, you have the ability to execute a quitclaim deed to change ownership, and you don't need to refinance the mortgage loan to file a quitclaim deed. Filing a quitclaim deed will change only the property's ownership and title, not anything regarding the loan.

Title Issues Adding a child's name to a deed gives him or her an ownership interest in your home. As a result, you cannot sell the home or refinance your mortgage without your child's permission. Technically speaking, your child could even sell his or her share of the property without your consent.

When you add someone to the deed, all or a portion of your ownership is transferred to that person. Once it's done, you can't take it back unless the person you've added provides consent to be removed from the deed. He or she can take out a loan on the property, tear it down, or even sell their share of the property.

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 a Fiance to Property Title. Obtain a quitclaim deed that complies with your state law from an attorney, title company, or office supply store. Type your name and address in the space labeled grantor. Type your and your fiance's name and address in the space labeled grantee.