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Your name on the deed means that you have title to the property, and as such, you have a ?bundle of rights.? It is common for you to have the right of possession, which means you can possess the property, as well as the right of control, which means you can use the property; you also have the right to enjoy the ...

Note that adding or removing a name from the deeds is actually transferring ownership. In order for one person to have a new or greater ownership share, someone else must give up their share. You can read more about transfers of equity to family members.

Here are the steps to completing a deed transfer in Georgia: Names the Current Owner and New Owner. Contains a Description of the Property. Signed by Current Owner. Two Witnesses: Unofficial Witness & Notary Public. Complete a PT-61, Transfer Tax Form. Record Deed in County Real Estate Records.

Transferring Indiana real estate usually involves four steps: Locate the prior deed to the property. ... Create the new deed. ... Sign the new deed. ... Record the original deed.

In other words, if your name is on the deed, you are tenants-by-the-entireties, and if one of you dies, the other owns the property entirely. If you are not on the mortgage for whatever reason, you are not liable for paying the mortgage loan. That said, you get your spouse's interest in the property if they die.

State Transfer Tax The tax is applied to instruments that transfer an interest in real property (deed, lease, easement, contract, etc.). The tax is one half of 1 % (0.5%) of the consideration, except for deeds to a first time MARYLAND home buyer, in which case the tax is one fourth of 1 % (0.25%).

If you change your name by deed or by making a statutory declaration, your conveyancer can arrange for your name to be amended at HM Land Registry. You will need to show the relevant documents to your conveyancer. If you inherit property, an 'assent' will need to be prepared.

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.

Does It Matter Whose Name Is First On A Deed? The order of names on a property deed generally does not affect ownership rights. What matters most is the type of ownership specified in the deed, such as: sole ownership.

To add a name to a deed in Maryland, you must prepare a new deed that includes both the current owner's name and the new owner's name. The current owner is the grantor, and the new owner is the grantee. The new deed should include a legal description of the property.