Deeds: Essential Process for Transferring Interest in Real Estate
A Deed is the legal document that transfers a person’s interest in real estate. It can be transferred to another person or to an entity, such as a Living Trust or a Corporation. It can seem like a small thing, but ask anyone who’s trying to transact business without having title to a property, and they’ll tell you how important a Deed becomes. Without owning the title to a Deed, it is impossible to buy or sell the home that’s associated with that Deed. It’s also impossible to move that home into a Living Trust. Transferring title, or ownership, on a Deed is a relatively simple process that has important legal protections. Best of all, it’s something DP Legal Solutions can generally accomplish fairly quickly. Below are some common situations that require Deed transfers We’re hoping that these may serve as reminders of the need to transfer title on your Deed. 1. Adding a spouse This is perhaps the most common reason our clients come into our offices to transfer Deeds. These ...