How To Transfer Title And Ownership Using The QUIT CLAIM DEED.

Описание к видео How To Transfer Title And Ownership Using The QUIT CLAIM DEED.

#quitcalimdeed #howtotransfertitle #transferringtitlewithquitcalimdeed

This video talks about How to Transfer Title to your house or property and how to use the Quit Claim Deed form and change title for free. There is a fee to record title change with your county assessors office.
Using a Quit Claim Deed:
A quit claim deed is a simple tool to transfer home ownership or title, but it must be done correctly and may require professional assistance due to potential tax consequences and legal implications.

Common Reasons for Transfer: People transfer titles for various reasons such as correcting spelling errors, divorce, adding a spouse after marriage, transferring to children or loved ones, or moving properties to an LLC or corporation.

Process Overview:
The granter (current owner) transfers the title to the grantee (new owner) by filling out the form with accurate information, notarizing it, and recording it with the county. Ensuring the document is properly recorded is crucial to avoid future issues.
#quitclaimdeed #howtotransfertitle #transferringtitle
Potential Issues with Quit Claim Deeds:
Quit claim deeds do not guarantee that the title is free from liens or claims. Existing debts or liens on the property remain with it, and there can be complications with mortgage and tax benefits.

Seeking Professional Help:
Professional assistance from title officers, escrow officers, or attorneys is highly recommended, especially for complex transfers. Additionally, updating mailing addresses with the county recorder's office and other relevant entities is necessary to avoid administrative issues.

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If you need Legal or Accounting help, please contact an Attorney or CPA. This video and this channel is Not intended to provide Legal Advice or Services.*

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*Please Note: I am a licensed Realtor in California. This video is not intended to solicit anyone who is currently working with a real estate professional. This video represents our experience, but may not apply to all homes or locations. Please check with a real estate professional who is familiar with your specific market before implementing.

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