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Yes you can. This is called a transfer of equity but you will need the permission of your lender.
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.
A Warranty Deed is the best of the best. It protects you from all future and past issues with property title and any outstanding debts or liens.
When you add someone to the deed, all or a portion of your ownership is transferred to that person. Once its done, you cant take it back unless the person youve added provides consent to be removed from the deed. He or she can take out a loan on the property, tear it down, or even sell their share of the property.
A Mississippi special warranty deed transfers real estate with a partial warranty of title. The current owner guarantees a good title but limits the guarantee to the time while the current owner held title. 5. The warranty does not cover title problems that already existed when the current owner acquired the property.
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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 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.
General warranty deeds give the grantee the most protection, special warranty deeds give the grantee more limited protection, and a quitclaim deed gives the grantee the least protection under the law.
The General Warranty Deed A general warranty deed provides the highest level of protection for the buyer because it includes docHub covenants or warranties conveyed by the grantor to the grantee.
Special warranty deeds go by many names in different states, including covenant deed, grant deed, and limited warranty deed. The guarantee covers only the period when the seller held title to the property with a special warranty deed.

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