If I am the sole owner of a home and I’d like to add my wife to the deed myself, what is the process and forms do I need?
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If I am the sole owner of a home and I’d like to add my wife to the deed myself, what is the process and forms do I need?
Asked on October 31, 2012 under Real Estate Law, Florida
Answers:
B Elaine Jones / The Law Office of B. Elaine Jones
Answered 11 years ago | Contributor
You would use a Quit Claim Deed and would deed the property over to yourself and your wife as tenants by the entireties. If you do this in the state of Florida, you will have to pay doc stamps on the balance of any mortgage that is currently due. Doc Stamps vary from county to county and you would have to check your county to find out what the cost would be.
Sincerely,
B. Elaine Jones, Esq.
MD, Member, California Bar / FreeAdvice Contributing Attorney
Answered 11 years ago | Contributor
You need to check if there are any taxes involved in transfer in your state. This would occur if there is an existing mortgage. The best deal would be to use a quit claim deed to transfer to both you as joint tenants with rights of survivorship. If you have an existing mortgage, it may accelerate the debt and make it all due immediately.
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