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Ownership Changes Recording a deed is best handled through a Title Company. For those doing their own deeds, deed templates are often available online or at office supply stores. The deed must have the names and addresses of both the current ownership and the new ownership, and the legal description of the property.
Using a quitclaim deed is a quick way to transfer the property. If you're the spouse receiving the property, once you remove your ex's name and the property is transferred to you by quitclaim deed, you own all of it.
If the property is held as tenants by the entirety or as Alaska Community Property with a right of survivorship, it passes automatically to the spouse who survives the person who died. There is no need to do anything to transfer the real property to the surviving spouse.
A transfer-on-death (TOD) deed is like a regular deed you might use to transfer real estate located in Alaska, but with a crucial difference: It doesn't take effect until your death. At your death, the real estate goes automatically to the person you named to inherit it, without the need for probate court proceedings.
Asset transfer is a process by which ownership or control of an asset is transferred from one person or entity to another. The asset in question could be a tangible asset such as real estate or inventory, or an intangible asset such as a patent or a contractual right.
An asset transfer agreement is a contract between two parties whereby one party agrees to transfer ownership of an asset to the other party. The agreement sets out the terms and conditions of the transfer, including the price, date of transfer, and any other relevant details.
The following points should be included in an asset transfer agreement: Details of the companies involved. The details of the assets that are being transferred. The ?whereas? clause. Warranties and other legal terms and conditions. Undertaking and obligation clauses. Termination terms and conditions.
An Alaska quit claim deed is a document that includes the transfer of ownership in real estate, with no guarantees, from a grantor (seller) to a grantee (buyer). If the grantor has any ownership of the property, it will be transferred to the grantee.