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how is property(house) transferred to the name of one ...
Sent to Legal Experts October 08 04:26 PM

how is property(house) transferred to the name of one family member from another family mamber??

Customer (name blocked for privacy)
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October 9 6:12 AM (13 hours and 46 minutes and 15 seconds later)
         
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Greetings:

Common types of deeds:

A quitclaim deed transfers whatever ownership interest you have in the property. It makes no guarantees about the extent of your interest. Quitclaim deeds are commonly used by divorcing couples; one spouse signs all his rights in the couple's real estate over to the other. This can be especially useful if it isn't clear how much of an interest, if any, one spouse has in property that's held in another spouse's name.

http://homebuying.about.com/cs/realestateglossary/g/quitclaim_deed.htm

A grant deed transfers your ownership and implies certain promises -- that the title hasn't already been transferred to someone else or been encumbered, except as set out in the deed. This is the most commonly used kind of deed, in most states.

A warranty deed transfers your ownership and explicitly promises the buyer that you have good title to the property. It may make other promises as well, to address particular problems with the transaction.

http://depintoandbrown.justia.com/lawyer-attorney-AFB68DC0-43E1-441A-A4DD32ED0B20DD6F.html#29776A47-9A78-4875-8E2A045A16AB8CA4

I would suggest seeking the advice and counsel of a real estate attorney in order to protect all parties' rights.

You can also consult with a paralegal's office for preparation and proper handling of the appropriate documents.

I hope this helped. If you wish for further information, or, IF YOU FEEL I DID NOT ANSWER YOUR QUESTION, please let me know, so that I can assist you further.

Thank you.

Bright Blessings.

Peace, Love & Happiness,

The Mystic Wave

Information provided herein is based on my 30 years experience as a legal secretary/paralegal in the State of California, with experience and knowledge in the State of Nevada, only. This information is not intended to substitute for informed professional legal advice from a practicing, licensed attorney.




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