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Loss of Full Control Over the Property Once you add someone to the deed of your home, they legally have partial ownership of the property. This means you can't make certain moves without their consent. For example, if you wanted to sell the house, you and your spouse have to both sign-off.
But a transfer of ownership must occur to add someone to title to real estate. There is no way to ?add someone to title? or ?add someone to a deed? without transferring ownership, either at the time of the deed or on the death of the owner.
The name on the deed of property in California is very important. If there is only one person who owns the property and that person is not married, then ownership is very clear. However, if the person who is on the deed is married and the spouse's name is not on the deed, then complications can occur.
Your parents can put your name on the deed to their house. Many people might see this as a simple method of estate planning. However, it may be a bad idea.