Quitclaim Deed Add Name Field For Free

You can arrange to legally transfer the deed to your house to your children before you die. To do so, you sign a deed transfer and record it with the county recorder's office. There are a few types of deeds that accomplish this in California, including a quitclaim deed, grant deed and transfer on death deed.

Although there are two deeds, the title is considered held in tenant-in-common. Two deeds are valid if both had been duly executed and recorded at the relevant county recorder...

After the closing, your deed will be recorded with the local municipality, making it part of the official record. The best time to mention the names you want on the deed is well before closing.However, you can add an owner to the deed after closing, as long as you understand the risks associated with it.

No, in most states, the Grantee is not required to sign the Quitclaim Deed. However, some counties do require that the Quitclaim Deed be signed by the Grantee in addition to the Grantor.Usually, a Quitclaim Deed is sent to the Grantee after it has been recorded.

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.

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 ($14,000 for 2016) the donor will need to file a gift tax return (Form 709) to report the transfer.

Putting your spouse on title (adding them to the ownership) is a simple process. All you need to do is have a grant deed prepared, sign it in front of a notary public, and then have it recorded. The cost is usually under $100.