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Can you add someone to the deeds of your house?

Yes you can. This is called a transfer of equity but you will need the permission of your lender.

What makes a legal deed?

A deed is a written document which is executed with the necessary formality (that is, more than a simple signature), and by which an interest, right or property passes or is confirmed, or an obligation binding on some person is created or confirmed. Deeds are generally enforceable despite any lack of consideration.

What happens if a deed is not recorded?

If Your Deed Is Not Recorded, the Property Could Be Sold Out From Under You (and Other Scary Scenarios) In practical terms, failure to have your property deed recorded would mean that, if you ever wanted to sell, refinance your mortgage, or execute a home equity line of credit, you could not do so.

Can you write your own deed in KY?

law shall not prevent a person (not holding himself out as a practicing attorney) from writing a deed, mortgage, or will.

How do I add my spouse to my deed in Kentucky?

To add a spouse to a deed, all you have to do is literally fill out, sign and record a new deed in your county recorders office.

adding someone to house title

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How do I add someone to my deed in Kentucky?

Adding someone to your house deed requires the filing of a legal form known as a quitclaim deed. When executed and docHubd, 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.

What is process of transfer of property ownership?

The most common way of property transfer is through a sale deed. A person sells a property to another person, and then a sale deed is executed between the two parties. Once the sale deed is enlisted in sub-registrar office, the ownership gets transferred to the new owner.

What does adding someone to the deed mean?

Adding someone to a deed means transferring ownership to that person. The transfer of ownership can occur during life (with a regular quitclaim deed, for example) or at death (using a lady bird deed, transfer-on-death-deed, or life estate deed).

Can I transfer ownership of my house?

Despite the amounts involved, it is possible to transfer ownership of your property without money changing hands. This process can either be called a deed of gift or transfer of gift, both definitions mean the same thing. Executing a deed of gift can be a complex undertaking, but it isnt impossible.

Does Kentucky have a beneficiary deed?

A transfer on death deed, or a TOD Deed, allows for individuals to pass real property to a beneficiary upon their death.

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