Middlesex Massachusetts Affidavit Regarding the Identity of a Grantor and Grantee of Real Property
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How to fill out Affidavit Regarding The Identity Of A Grantor And Grantee Of Real Property?
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FAQ
Yes you can. This is called a transfer of equity but you will need the permission of your lender. Please be aware that stamp duty could be payable in certain cases.
If you need to identify the grantor and grantee in a document, keep in mind that the grantor is the seller (on deeds), or borrower (on mortgages) and the grantee is the buyer. Another tip is that the grantor is usually the one who signed the document.
The Grantee is the buyer, recipient, new owner, or lien holder. When "vs." appears on legal documents, the Grantor is on the bottom, the Grantee is on the top. Petitioner is the Grantee; Respondent is the Grantor.
In real estate, a grantee is the recipient of the property, and the grantor is a person that transfers ownership rights of a property to another person. However, the specifics of their transaction may vary depending on the situation. The official documents they use, such as a deed, detail their obligations.
An affidavit of title is a legal document provided by the seller of a piece of property that explicitly states the status of potential legal issues involving the property or the seller. The affidavit is a sworn statement of fact that specifies the seller of a property holds the title to it.
Adding someone to your house deed requires the filing of a legal form known as a quitclaim deed. When executed and notarized, the quitclaim deed legally overrides the current deed to your home. By filing the quitclaim deed, you can add someone to the title of your home, in effect transferring a share of ownership.
How to Add Another Person to the Title of a Home Mortgage in MassachusettsContact an attorney to prepare a quitclaim deed.Choose the way you want to hold the title.Sign the quitclaim deed as directed by your attorney.File the deed with the county's register of deeds so it can be recorded on public record.More items...
The grantor is the owner, and the grantee is the buyer who is acquiring an equitable interest (but not bare legal interest) in a property. It's essential that a deed clearly states the grantee, grantor, and a description of the property involved.
The grantee is the party who receives the transfer of the property after, in the case of sale, a closing occurs. In other words, the grantee is the buyer.
Once the new deed is created, it should be recorded at the Registry of Deeds. The current filing fee is $155. The Registry also charges $1 per document for postage unless you provide a stamped self-addressed envelope.