Sample Quitclaim Deed
Here is a sample quitclaim deed taken from the pages of The Complete Guide to Your Real Estate Closing. A quitclaim is a deed in which the grantor releases any claim he may have on a property. This is most … Continue reading →
Category Archives: Tenancy
How to Avoid Becoming Enemies When You Buy a House With Friends
By Sandy Gadow Special to The Washington Post The trend of buying a house with friends or a live-in partner has become increasingly popular. Family members (and even neighbors) often join together to purchase residential or vacation properties for their … Continue reading →
About to Close on Your Home? Make Sure You Pick the Right Title Option
By Sandy Gadow Special to The Washington Post One of the most important decisions that needs to be made at closing is how you choose to hold title. It determines how you will be insured, but it can also have … Continue reading →
Is There Another Way to Hold Title Which Is Unique to Husband and Wife?
Another way to hold title which is unique to husband and wife is Tenancy by the Entireties. Tenancy by the entireties is similar to Joint Tenancy in that it has the same automatic survivorship feature, but in Tenancy by the … Continue reading →
What is a Trust and Should I Create One?
A trust is an arrangement which dictates how your assets are to be managed and distributed. Trusts are typically established to save taxes, avoid probate, control trust assets, and protect Beneficiaries. Trusts can be written so that they can be … Continue reading →
Do I Live In A Community Property State?
Holding title to real property as Community Property is a type of ownership available to married couples only. There are currently nine states which offer Community Property status. These states are: Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington … Continue reading →
Can Unmarried Persons Hold Title As Joint Tenants?
Many times two or more owners want to hold title to a property and they want the “right of survivorship” feature that accompanies Joint Tenancy. These owners do not need to be husband and wife to hold title in Joint … Continue reading →
Ending a Co-Ownership With a Quitclaim Deed
When two or more co-owners want to end their ownership rights in a piece of property, this type of transfer of title can take place by means of a Quitclaim deed. The co-owner will sign over his rights and title … Continue reading →