Orlando Florida Grant Deed - Husband and Wife, or Two Individuals, to an Individual

Name: Orlando Florida Grant Deed - Husband and Wife, or Two Individuals, to an Individual
Brand: US Legal Forms
Rating: 4.75 (437 reviews)

Category:

Florida Real Estate - Deeds - Grant

State:

Florida

City:

Orlando

Control #:

FL-042-78

Format:

Instant download

Description

This form is a Grant Deed where the Grantors are two individuals, or husband and wife, and the Grantee is an individual. Grantors convey and grant the described property to the Grantee. This deed complies with all state statutory laws.

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FAQ

Joint mortgages are usually taken out by married couples but it is possible to take one out with your (unmarried) partner, a friend, or a family member. In fact, there are lenders who will allow up to four people to take out a joint mortgage.

In Florida, two people can own a piece of real estate (like a single-family residence or a vacation condo) together even if they aren't married, or related in any way.

Sometimes, however, the home may be owned in one spouse's name alone, or perhaps in one of the spouse's trusts alone. In that situation, even though the surviving spouse's name is not on the deed, the surviving spouse has rights to that property under Florida's constitution.

In the state of Florida, spouses who purchase residential real estate as married individuals for must both be on the title of the home, regardless of whether one or both spouses are responsible for the mortgage payments.

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.)

In Florida, if you are married you can buy a residence without your spouse, but if this residence is your primary residence, your spouse will have to sign the mortgage even if you are only getting the loan in your name.

Important Court Cases About Tenants by Entireties The Florida Supreme Court said that real and personal property owned jointly by a married couple is presumed to be owned as tenants by entireties unless the couple has expressly disclaimed entireties ownership.

Property owned in joint tenancy automatically passes to the surviving owners when one owner dies. No probate is necessary. Joint tenancy often works well when couples (married or not) acquire real estate, vehicles, bank accounts or other valuable property together.

Typically, when married couples are listed under the real estate title as ?husband and wife? a tenancy by the entireties is presumed. At the death of one spouse, the real estate interest passes automatically to the surviving spouse by operation of law similarly to the joint tenancy with right of survivorship.

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To understand real estate deeds, it is necessary to know a few legal terms: Deed. A legal document that transfers ownership of real property; Grantor.In person - Bring copies of all required documentation to our office at the above address, and we will fill the application out for you. Removing a name from a deed in Florida is a legal transaction that is best accomplished with help from a real estate attorney. Test your knowledge of both general law and Florida law. A Florida quitclaim deed form essentially transfers the title to a new owner without a title warranty. 2. Fill in the names. The co-owner relinquishing ownership is the grantor. Fees for Florida real estate transfers are based upon the following legal fees plus costs: 1.

Person who relinquishes/loses title to real estate: 740 (fee to purchase the property; 810 to sell/lease) 2. Person who agrees to the transaction on the basis of marriage/common-law relationship: 640 3. Person not related/living with the person transferring title: 450 4. Person named in a deed: 300 (fee to transfer title; 300 to register title after transaction; 300 to change or correct an error in a deed; 300 to create a new certificate of title; 400 to replace missing or incomplete information in a certificate of title) 5. The legal owner of the deed or co-owner if a transfer is to be recorded in an estate rather than a property: 50 (fee to create transfer or new deed; 250 to register transfer/new deed; 250 to change or correct an error in a deed) 7. A lawyer or paralegal is required in certain cases. See our fees schedule for details. 3. Receive written agreement.

Disclaimer
The materials in this section are taken from public sources. We disclaim all representations or any warranties, express or implied, as to the accuracy, authenticity, reliability, accessibility, adequacy, or completeness of any data in this paragraph. Nevertheless, we make every effort to cite public sources deemed reliable and trustworthy.

Orlando Florida Grant Deed - Husband and Wife, or Two Individuals, to an Individual

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FAQ

How many people can jointly own a property?

How many people can be on a deed in Florida?

What happens if spouse's name is not on deed Florida?

Does a spouse have to be on a deed in Florida?

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

Can you buy a house in Florida without your spouse?

Are husband and wife automatically joint tenants in Florida?

What happens to a jointly owned property if one owner dies Florida?

What does husband and wife mean on a deed in Florida?

Interesting Questions

What is a Grant Deed?

Who can create a Grant Deed in Orlando?

Can two individuals transfer their property to a single person using a Grant Deed in Orlando?

Can a husband and wife transfer their property to an individual with a Grant Deed in Orlando?

What information is required to prepare a Grant Deed in Orlando?

Do I need a lawyer to create a Grant Deed in Orlando?

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