This form is a Grant Deed where the Grantors are husband and wife, or two individuals, and the Grantee is a trust. Grantors convey and grant the described property to the Grantee. This grant simply transfers the title of a property to the grantee. Included in the deed are statements verifying the property is not sold to other parties, and all encumbrances on the property are known to the grantee.
Grantors affirm that (1) Grantors have the right to sell and convey the property; (2) the property has not been sold by Grantors to any party; and (3) any encumbrances or liens are noted herein. This deed complies with all state statutory laws.
Pennsylvania Grant Deed from Husband and Wife, or two Individuals, to a Trust
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Pennsylvania
Control #:
PA-045-78
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FAQ
It's often easier to qualify for a joint mortgage, because both spouses can contribute income and assets to the application. However, if one spouse can qualify for a mortgage based on his own income and credit, the mortgage does not need to be in both spouses' names unless you live in a community property state.
The names on the mortgage show who's responsible for paying back the loan, while the title shows who owns the property. You can put your spouse on the title without putting them on the mortgage; this would mean that they share ownership of the home but aren't legally responsible for making mortgage payments.
In California, all property bought during the marriage with income that was earned during the marriage is deemed "community property." The law implies that both spouses own this property equally, regardless of which name is on the title deed.
In cases where a couple shares a home but only one spouse's name is on it, the home will not automatically pass to the surviving pass, if his or her name is not on the title.
To add a name to a house deed in Pennsylvania, a new deed is prepared. The owner can prepare his own deed or contact an attorney or document service to provide one. Using an attorney is the best route because the attorney ensures that the deed is prepared per the requirements of the state.
To add a name to a house deed in Pennsylvania, a new deed is prepared. The owner can prepare his own deed or contact an attorney or document service to provide one. Using an attorney is the best route because the attorney ensures that the deed is prepared per the requirements of the state.
The simplest way to add a spouse to a deed is through a quitclaim deed. This type of deed transfers whatever ownership rights you have so that you and your spouse now become joint owners. No title search or complex transaction is necessary. The deed will list you as the grantor and you and your spouse as grantees.
California married couples generally have three options to take title to their community (vs separate) property real estate: community property, joint tenancy or Community Property with Right of Survivorship. The latter coming into play in California July of 2001.