Warranty Deed Remove Name Field For Free

A warranty deed guarantees that: The grantor is the rightful owner of the property and has the legal right to transfer the title.The title would withstand third-party claims to ownership of the property. The grantor will do anything to ensure the grantee's title to the property.

If you do not have any loan or mortgage over the said property, then the easiest way to remove your name from the joint names, is if you were to execute a release deed or relinquishment deed in favour of your wife with respect to 50% share that you are the owner of, then she in turn becomes the full and absolute owner

In simple words, you can transfer your property to another person in three ways i) a sale/transfer deed ii) a gift deed iii) Relinquishment deed. The latter is what will come into play in Swapnil's case.

Any type of deed functions to transfer ownership of property between two parties.The warranty deed is commonly used when a property is purchased at or around its fair market value. The deed implies certain warranties that the seller, or grantor, provides to the buyer, or grantee.

There is only one way to have your spouse's name removed from the mortgage: You will have to apply for a loan to refinance the mortgage, in your name only.In other words, the mortgage lender can still come after your spouse for repayment unless and until you refinance in your own name alone.

Call the mortgage lender, title company and the local property records office and inform them that you need to change the warranty deed on your property.Changing a warranty deed usually means the the property's mortgage note and title will have to be revised, and there may be fees charged for these services.

A deed of conveyance is the most common way to remove a name from a property deed and its chain of title. A deed of conveyance, or transfer, is given by the owner leaving a property's deed and title to the remaining owners of that property. Two common deeds of conveyance are warranty deeds and quitclaim deeds.