Interspousal Transfer Grant Deed Form

Interspousal Transfer Grant Deed Form

An Interspousal Grant Deed is a specific type of deed used to transfer title between two married people. This is often used in transactions in which one spouse is transferring title to another as part of a divorce settlement, when a husband or wife wants to add his or her spouse to a title, or when one spouse needs to be taken off a property's title for legal or financial reasons. For example, if one spouse has poor credit, he or she may need to be removed from title in order to process a refinance. When title is transferred, transfer tax is assessed by the county and a property may even be reassessed, which can result in higher property taxes. An Interspousal Grant Deed is exempt from transfer tax and does not trigger a reassessment; two solid reasons to use an Interspousal Deed versus another type of transfer deed, which may incur these charges. It is important to execute any legal document correctly in order to establish its validity. In the case of an Interspousal Grant Deed, the document should be in writing, it should properly identify all parties according to how they currently hold title, the property in question should be clearly identified, the document should be signed in front of a notary public, and it should be recorded after execution in the County Recorder's office.

Interspousal Transfer Grant Deed Form

Interspousal Transfer Grant Deed Form

Interspousal Transfer Grant Deed Form

Interspousal Transfer Grant Deed Form

Interspousal Transfer Grant Deed Form

Interspousal Transfer Grant Deed Form

Interspousal Transfer Grant Deed Form

Interspousal Transfer Grant Deed Form

Interspousal Transfer Grant Deed Form