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Florida Quitclaim Deed - Trust to Husband and Wife

St. Petersburg Florida Quitclaim Deed - Trust to Husband and Wife

Name: St. Petersburg Florida Quitclaim Deed - Trust to Husband and Wife
Brand: US Legal Forms
Rating: 4.57 (407 reviews)

Category:

Florida Real Estate - Deeds - Quitclaims

State:

Florida

City:

St. Petersburg

Control #:

FL-031-77

Format:

Instant download

Description

This form is a Quitclaim Deed where the grantor is the trustee of a trust and the grantees are husband and wife. Grantor conveys and quitclaims the described property to grantees. Grantees take the property as tenants by the entireties, joint tenants with the right of survivorship or as tenants in common. This deed complies with all state laws.

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FAQ

In the case of divorce and gifting, the party who has legal rights of ownership to the property will file a deed transfer or a quitclaim deed, granting full ownership to another party. This will effectively remove the prior owner from the deed and deny him or her any additional rights to the property.

Using a Quitclaim Deed in Florida Florida quit-claim deeds must be properly filed and the original document should be recorded in the county where the property is located. One of the parties will pay the transfer tax to the clerk of the court once the deed has been recorded.

Filing With the Clerk A quit claim deed should be filed with the Clerk of Court in the county where the property is located. This will involve taking the deed to the Clerk's office and paying the required filing fee (typically about $10.00 for a one-page quit claim deed).

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.

You will need to have the quitclaim deed notarized with the signatures of you and your spouse. Once this is done, the quitclaim deed replaces your former deed and the property officially is in both of your names. You must record the deed at your county office.

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.

In fact, taxes may be due on a quit claim deed even when the property is transferred between spouses. With such transfers, if the property is mortgaged, then tax is generally due on half of the outstanding balance.

One good reason to add a spouse to the deed of your home is for estate planning purposes, which may allow the property to transfer to your spouse outside the probate process, depending on the transfer language utilized in the granting clause. Another reason is for creditor purposes.

We recommend you consult with an experienced real estate lawyer for professional advice as each circumstance is unique. (Please note, the fee for our office to add someone to your deed is $650.00, plus recording costs and documentary stamps ? recordings costs are normally less than $50.00.)

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A bank sued a husband and wife to undo the transfer of their property in St. Petersburg, Fla. , via quit claim deed.The IRS records a Notice of Federal Tax Lien at the county recorder's office, even though Joyce owns no real estate. , wife in Florida, and husband in another state). Get free access to the complete judgment in FLORIDA BAR v. Committee is proposing revising Chapter 11 of the Uniform Title Standards as reflected in the materials attached at pp. Tuesday, July 1, 1924 MES PAGE NINETEETV Realty Transfers Warranty Deeds 7. The Trustees issue quitclaim deed to the area filled. Florida, St. Petersburg: FOB. Idaho, Porthill: Border station.

St. Petersburg Florida Quitclaim Deed - Trust to Husband and Wife

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FAQ

Can you remove a spouse from a deed Florida?

What happens after a quit claim deed is recorded in Florida?

How much does a quitclaim deed cost in Florida?

How do I add someone to the deed of my house in Maryland?

Can I add my wife to the deed after quitclaim deed?

How can I put my wifes name on my house?

Do you pay taxes on a quitclaim deed in Florida?

Should my wife be on the house deed?

How much does it cost to add a name to a deed in Florida?

Can you remove a spouse from a deed Florida?

Interesting Questions

What is a Quitclaim Deed?

How does a Quitclaim Deed work?

What is the purpose of a Quitclaim Deed?

Do I need a lawyer to prepare a Quitclaim Deed?

Can a Quitclaim Deed transfer ownership of a property with a mortgage?

Can a Quitclaim Deed be used to add someone to the property title?

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