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Ed; Computed on the consideration or value less liens or encumbrances remaining at time of sale; OR Exempt from imposition of the Documentary Transfer Tax pursuant to Revenue and Taxation Code, Section 11927(a), on transferring community, quasi-community, or quasi-marital property assets between spouses, pursuant to a judgment, an order, or a wntten agreement between spouses in contemplation of any such judgment or order. Signature of declaring grantor or grantee INTERSPOUSAL TRANSFER GRANT DE.

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Property and debts acquired during a marriage are joint property in California. This means that each spouse has equal rights and responsibilities in the marital home and any mortgage that's secured by it. When a spouse signs a quit claim deed, he gives up all rights to the property.

One can reverse an interspousal grant deed only if the person who receives the property through the deed signs on it again and gives it back to the former. So, without your signatures, this is not possible, be it in any state.

INTERSPOUSAL TRANSFER DEED The distribution of a legal entity's property to a spouse or former spouse in exchange for the interest of such spouse in the legal entity in connection with a property settlement agreement or a decree of dissolution of a marriage or legal separation.

An interspousal transfer gives full interest in the property to the transferee, whereas a quitclaim leaves the transferer still liable for any obligations related to the property, even though the transferer no longer has a residential interest in it.

Taxation A legal risk associated with interspousal transfer deeds in California is that if a transfer is not properly organized, it can be subject to taxation. This goes against the appeal of an interspousal transfer deed, as they are often used to avoid estate taxes.

ˌin-tər-ˈspau̇-zəl, -səl. : being between spouses.

What Is an Interspousal Transfer Deed? "Interspousal" means "between spouses." So an "interspousal transfer deed" is literally a deed between spouses that transfers title (ownership) of real property, either during their marriage or as part of the property division in their divorce.

Most divorce professionals request a Quit Claim Deed when transferring property for a divorce sale. A basic understanding of the various real estate deeds, i.e., Quitclaim deed vs. Warranty deed, is a must when transferring title and ownership to real estate during a divorce.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Content Takedown Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232