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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 does a quitclaim deed do? A quitclaim deed transfers the title of a property from one person to another, with little to no buyer protection. The grantor, the person giving away the property, gives their current deed to the grantee, the person receiving the property.
In short, the distinction between the two forms of warranty deeds is that in a general warranty deed, the seller warrants against anything any owner of the property ever did to encumber title and in a special warranty deed the seller only warrants against anything the seller did to encumber title.
A general warranty deed is the most common type of warranty deed in the United States. It offers the highest level of protection to the buyer because it guarantees that there are absolutely no problems with the home even dating back to prior property owners.
A Colorado special warranty deed is a recorded instrument that transfers real estate with limited warranty of title. A warranty of title is an enforceable promise from the propertys current ownerthe grantorto the new ownerthe granteethat the propertys title is free of defects.
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Yes you can. This is called a transfer of equity but you will need the permission of your lender.
A Colorado deed must be recorded with the county clerk and recorder for the county where the property is located to provide formal notice of the transfer. The standard recording feeincluding a statutory surchargeis $13.00 for the first page, plus $5.00 for each additional page.
A Colorado special warranty deed is a recorded instrument that transfers real estate with limited warranty of title. A warranty of title is an enforceable promise from the propertys current ownerthe grantorto the new ownerthe granteethat the propertys title is free of defects.
Most documents, legal size or smaller, are assessed a $13 recording fee for the first page and an additional $5 recording fee for each additional page. Transfer documents (Warranty Deeds, Quit Claim Deeds, etc) will be assessed a documentary tax if the consideration is $500 or more in addition to the recording fee.
A special warranty deed guarantees two things: The grantor owns, and can sell, the property; and the property incurred no encumbrances during his ownership. A special warranty deed is more limited than the more common general warranty deed, which covers the entire history of the property.

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