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Deeds should always be drafted by a professional unless you are fully informed and understand the consequences of the transfer and the tenancy that will be created in the new deed. Errors made by non-professionals in drafting deeds can be expensive to correct if they can be corrected. An error might not be discovered until the property is sold. In many cases of deed errors, the original grantor is deceased at that time and the corrections can be complicated and expensive.
You should also keep in mind that mortgages have clauses that any transfer of interest can trigger a demand for payment in full.
Wiki User
∙ 8y ago
Wiki User
∙ 7y agoBest practices dictate that you seek and pay for the assistance of a professional who can help you add your spouse to your deed.
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Can a spouse serve on the board of directors of a condominium if his name is not on the deed?
You need to review the Master Deed to determine if the Board of Directors must be comprised of property owners. If that is the case then your spouse would not be eligible.
Can a unit owner add a window to their unit-not a replacement but totally new?
That depends on the rules and regulations of the condominium. You need to check the Master Deed and the Condominium Trust.
How do you add your spouse to your mortgage deed?
You will have to ask your banker. You can't always. The spouse's credit may not be good enough.
If you purchased your home before you got married and now your spouse wants to be on the loan do you refinance in order to add him?
you just need to add your spouse to the deed. your banker can help you with that
Can you be on your wifes home owners insurance even though you are not on the deed or loan?
Yes, The insured can add a spouse to the policy as a co-insured. You don't have to be on the deed.
How do you add a spouse to a 100 percent owned title on Real Estate in Texas?
A quit claim deed from yourself to yourself and spouse is the simplest way.
How do you add your spouse to the mortgage deed?
You need to contact your lender. It depends on state law and your lenders policy.
When was the Oceanquest Condominium declaration of condominium signed?
You can visit the local land records office (local to Oceanquest Condominium) and search in the records for the Master Deed. It will show the date it was signed.You can visit the local land records office (local to Oceanquest Condominium) and search in the records for the Master Deed. It will show the date it was signed.You can visit the local land records office (local to Oceanquest Condominium) and search in the records for the Master Deed. It will show the date it was signed.You can visit the local land records office (local to Oceanquest Condominium) and search in the records for the Master Deed. It will show the date it was signed.
Can a condo unit be sold before a declaration of condominium is filed?
Personally, I would not buy a condominium unless my review of the complete declaration was finished. Otherwise, you (and I) have zero idea about the community you're (I'm) buying into. Whether or not it can be sold may be a local legal issue. See your state condominium statute.
If both your husband and you are on the grant deed and he refinances to pay off the loan with the loan only in his name will the wife still be on the Grant Deed?
Normally a lender will require the spouse who is not borrowing the money to execute a deed transferring the property to the spouse who is borrowing the money. This would normally be accomplished during the escrow process. After the loan process is completed the borrower spouse can execute a new deed to add the other spouse back on. The spouse who is being asked to sign off the deed should beware, understanding that once they sign off he or she no longer owns the property. You want to make sure that you get added back on but the property is subject to the mortgage.
Will your spouse's credit score be affected if your individually owned property is foreclosed spouse's name is not on the deed?
Your spouse's credit score should not be affected if he/she is not on the deed or on the mortgage that was foreclosed.
How to change the condominium owner to surviving spouse from late wife in new york city?
Visit your attorney and ask that the names on the deed reflect the current ownership. This may mean producing a series of documents, a list of which your attorney can provide for you.
