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In Massachusetts, there are three types of property deeds used for real estate transactions: warranty deeds, quitclaim deeds and release deeds. Each type of deed offers varying levels of protection and guarantees against flaws in the title of the transferred real estate.
An interspousal transfer deed, more technically called an interspousal transfer grant deed, is a legal document used to give sole ownership of shared property, such as a house, to one person in a marriage. They are commonly employed in divorce cases to transfer community property to one spouse.
How to Add Another Person to the Title of a Home Mortgage in Massachusetts Contact 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 countys register of deeds so it can be recorded on public record.
Adding a name to the deeds Equity transfer is not just about removing a name from the deeds. It also includes adding a name. For example, parents may want to add their children to the deeds of the family home. When someone marries their partner, they may want to add them to the deeds of the property they already owned.
With a quitclaim deed, the grantor does not cover any preexisting encumbrances on the property, such as restrictions or easements. The quitclaim deed only guarantees the grantor will defend any legal claims to the title during the grantors ownership, but not any made prior to ownership under Massachusetts law.
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Quitclaim deeds lack certain protections and promises found in other types of deed to real property. Because of this, they should only be used under certain circumstances. These include transferring real estate between close family members, for instance, from a parent to a child.
The quitclaim deed is the most commonly used deed in the purchase and sale of residential property in Massachusetts. It plays a fundamental role in the types of assurances the seller makes when transferring its rights, and in how the buyer takes title.
A Massachusetts quit claim deed is used to legally transfer land and buildings in Massachusetts from a grantor (seller) to a grantee (buyer). A quit claim deed is different from a warranty deed in that it does not provide any warranty as to whether or not the title is clear before the grantor bought the property.
In Massachusetts, the grantor must sign in the presence of a notary and the deed must be immediately filed by the grantee with the registry of deeds in the county in which the property is located.
A spousal beneficiary rollover is a transfer of fund assets to the surviving spouse of the deceased account holder. Funds are either rolled over into the spouses account or the decedents account is renamed with the surviving spouse as the new owner.

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