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Warranty Deed for a Time-Share from Two Individuals to One Individual - Pennsylvania

Warranty Deed for a Time-Share from Two Individuals to One Individual - Pennsylvania 2025

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The document is a Pennsylvania Warranty Deed for a time share, detailing the transfer of property from two individuals (grantors) to one individual (grantee). It includes instructions for completing the forms, a disclaimer regarding the legal effect of the forms, and sections for signatures and notarization. The deed outlines the property being conveyed, including its location and any relevant legal descriptions.

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Can you add a name to a warranty deed?

For example, a quitclaim deed would be used for a name change on a warranty deed, such as to add a new spouse or a child to the title, or to remove the name of a spouse following a divorce. A quitclaim deed also can be used to correct mistakes.

Can you add someone to a warranty deed?

0:12 1:12 So its essential to understand the process and its consequences.MoreSo its essential to understand the process and its consequences.

What is a joint warranty deed?

Typically associated with real estate, joint tenancy warranty deeds are used when two or more parties come together simultaneously to take ownership of a property. The most common example of this type of deed is for unmarried couples buying a property together.

What is required on a warranty deed in PA?

Each Pennsylvania warranty deed must meet all Pennsylvania recording requirements. The deed must be correctly formatted and include the information needed for a valid transfersuch as the names of the grantor and the grantee, a legal description of the property, and any notices required by Pennsylvania law.

Who are the parties to a warranty deed?

The two parties involved in a warranty deed are the seller, known as the grantor, and the buyer, or the grantee, and either party can be an individual or a business. Most lenders require a warranty deed for properties they finance.

Can you add someone to a deed without adding them to the mortgage?

Yes, it is entirely possible for a persons name to be on the deed without being on the mortgage.

Does it cost money to add someone to a deed?

At the time your quitclaim deed is recorded, you will need to pay a filing fee and any reassessed property taxes based on the change in ownership. The filing fee should be minimal, under $100, with most states charging under $50. The cost will depend upon your county and state.

How does someone get added to a deed?

The best way is to create a new deed listing all of the owners as joint tenants with rights of survivorship. If you simply add someone to your current deed, they become a co-owner, but they may not have rights of survivorship, and the property may still need to go through probate.

Warranty Deed for a Time-Share from Two Individuals to One Individual - Pennsylvania 2025

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