A Philadelphia Pennsylvania Warranty Deed from two Individuals to Husband and Wife is a legally binding document that transfers ownership of real estate property located in Philadelphia, Pennsylvania from two individuals to a married couple. This type of deed ensures that the property is transferred with a warranty or guarantee, protecting the buyers from any undisclosed claims or liens on the property. The two main types of Philadelphia Pennsylvania Warranty Deeds from two Individuals to Husband and Wife are as follows: 1. General Warranty Deed: A General Warranty Deed provides the highest level of protection to the buyer. It guarantees that the sellers have clear title to the property and that they have the legal right to transfer ownership. This type of deed assures the buyers that the property is free from any undisclosed claims, debts, or liens, whether they arise from previous owners or the current sellers. 2. Special Warranty Deed: A Special Warranty Deed provides a lesser level of protection compared to a General Warranty Deed. It guarantees that the sellers have clear title and haven't caused any encumbrances during their ownership of the property. However, it does not cover any undisclosed claims or encumbrances that may have existed prior to their ownership. This type of deed is commonly used by sellers who want to limit their liability to the time they owned the property. When preparing a Philadelphia Pennsylvania Warranty Deed from two Individuals to Husband and Wife, it is crucial to include the following details: 1. Identification of the Granters (the individuals transferring the property) and Grantees (the married couple receiving the property). 2. A detailed description of the property being transferred, including its legal description, address, and any relevant property identification numbers. 3. The purchase price or consideration for the property, if applicable. 4. Any specific terms or conditions regarding the transfer of the property. 5. The signatures of both the Granters and Grantees, along with the date of the deed's execution. 6. The acknowledgment of a notary public, who certifies the authenticity of the signatures. It is important to consult with a qualified real estate attorney or professional to ensure the proper completion and recording of the Philadelphia Pennsylvania Warranty Deed. Additionally, it is crucial to conduct a title search to verify the title's chain of ownership and uncover any potential issues before finalizing the deed transfer.
Philadelphia Pennsylvania Warranty Deed from two Individuals to Husband and Wife
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How to fill out Philadelphia Pennsylvania Warranty Deed From Two Individuals To Husband And Wife?
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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.
Yes you can. This is called a transfer of equity but you will need the permission of your lender.
To add, remove, or change a name on a deed, have a lawyer, title company, or other real estate professional prepare the deed. Then, record the new deed with the Department of Records. Note: We recommend that you do not prepare a deed on your own. We also recommend that you get title insurance.
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.
Yes you can. This is called a transfer of equity but you will need the permission of your lender.
Philadelphia Recording Fees Revised DEED Recording Fee$107.00State Writ Tax$0.50County Fee$2.00Access to Justice Fee$40.25Total$256.751 more row ?
To add, remove, or change a name on a deed, have a lawyer, title company, or other real estate professional prepare the deed. Then, record the new deed with the Department of Records. Note: We recommend that you do not prepare a deed on your own. We also recommend that you get title insurance.
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.
The recording charge is set by the county and we charge a administative fee. For counties from Erie, Elk, Franklin and Centre to Bucks, Berks, and Butler, the charge for a deed transfer across Pennsylvania is $700, with the sole exception of Philadelphia, which is $800. How long does it take?
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