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Pennsylvania Quitclaim Deed from Individual to Husband and Wife

Pittsburgh Pennsylvania Quitclaim Deed from Individual to Husband and Wife

Name: Pittsburgh Pennsylvania Quitclaim Deed from Individual to Husband and Wife
Brand: US Legal Forms
Rating: 4.67 (424 reviews)

Category:

Pennsylvania Real Estate - Deeds - Quitclaims

State:

Pennsylvania

City:

Pittsburgh

Control #:

PA-01-77

Format:

Instant download

Description

This Quitclaim Deed from Individual to Husband and Wife form is a Quitclaim Deed where the Grantor is an individual and the Grantees are husband and wife. Grantor conveys and quitclaims the described property to Grantees, less and except all oil, gas and minerals, on and under the property owned by Grantor, if any, which are reserved by Grantor. This deed complies with all applicable state statutory laws.

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How to fill out Pittsburgh Pennsylvania Quitclaim Deed From Individual To Husband And Wife?

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FAQ

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.

Pennsylvania realty transfer tax is imposed at a rate of 1 percent on the value of real estate (including contracted-for improvements to property) transferred by deed, instrument, long-term lease or other writing. Both grantor and grantee are held jointly and severally liable for payment of the tax.

Realty Transfer Tax Statement (Form REV-183 EX) (§ 91.112) ? All quit claims must have this form and between a 1% to 2% transfer tax paid (based on the sales price). You may view your County's Transfer Tax to get an estimate of how much the buyer and seller will have to pay (usually split 50/50 among the parties).

To change, add or remove a name on your deed a new deed needs to be recorded reflecting the change. Many people think they can come into the office and change the present recorded deed with a form, but that is not the case. Once a deed is recorded it cannot be changed.

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.

Exemptions. Some transactions are exempt from Transfer Tax. Some examples would be conveyances between husband and wife, parents and child, grandparent and grandchild, brothers and sisters. A one-time transfer is allowed between former spouses.

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.

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.

To transfer property in Pennsylvania, you'll need to prepare and execute a deed and record it in the county where the property is located. If the transfer was in exchange for money, you'll have to pay transfer tax.

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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Quitclaim Deeds can be complicated legal documents. This should be addressed in a marital settlement agreement.14 pagesMissing: Pittsburgh ‎Pennsylvania How do you fill out a W9 for a stock account being put in a revocable living trust? Member fill it out for discussion at your family meeting. If your loan application is approved, your processor will: 1. Assist in completing the assumption. 2. This sounds like you may need to use a quitclaim deed to transfer the property over from how it is now to reflect the new owner(s). Man Bituminous Coal Producers Board, and Means. ( See Card in Attorneys ' List .

Pittsburgh Pennsylvania Quitclaim Deed from Individual to Husband and Wife

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How to fill out Pittsburgh Pennsylvania Quitclaim Deed From Individual To Husband And Wife?

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FAQ

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

Who pays the deed transfer tax in PA?

Do you have to pay a transfer tax with a quit claim deed in PA?

How do I add my spouse to my deed in Pennsylvania?

How can I put my wifes name on my house?

Who is exempt from transfer tax in Pennsylvania?

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

Should my wife be on the house deed?

How do I transfer property to a family member in PA?

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

Interesting Questions

What is a quitclaim deed?

Why would someone use a quitclaim deed to transfer property?

What does it mean to transfer property via a quitclaim deed?

Can a quitclaim deed be used to transfer property from an individual to a husband and wife?

Does a quitclaim deed guarantee clear ownership of the property?

Are there any limitations to using a quitclaim deed?

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Pittsburgh Pennsylvania Quitclaim Deed from Individual to Husband and Wife

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How to fill out Pittsburgh Pennsylvania Quitclaim Deed From Individual To Husband And Wife?

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