Stick Name Deed For Free

To add a co-owner, a new deed has to be created, which must be registered at the sub-registrar's office for it to be legal under the Transfer of Property Act. This can be done either by creating a sale deed or a gift deed. Sale deed: The first way is to sell a portion of the property to the other person.

Your parents can put your name on the deed to their house. Many people might see this as a simple method of estate planning. However, it may be a bad idea.

The way a quitclaim deed works is that this type of transfer makes no seller guarantees. It merely states that the seller transfers any ownership interest to the buyer. So if the seller has absolutely no ownership interest in the property, that's precisely what transfers in a quitclaim deed to any buyer.

You just got married and now you want to add your new spouse to the mortgage or title of your home. 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.

You just got married and now you want to add your new spouse to the mortgage or title of your home. 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 spouse's name can be added to the already registered property in two ways. Firstly, you can execute a sale deed favouring your spouse and get it duly registered with the concerned sub-registrar of the area. One needs to do so by paying the necessary transfer fees.

To transfer the flat from husband to wife, husband has to make a Gift Deed, of husband (flat owner, donor) gifting the flat to his wife (donee). Stamp duty on such gift deed is 1% of the market value of the flat, and registration charges is only Rs.