Question: I have another question about quitclaim deeds. My wife owned a house prior to our marriage. After we got married, she filed a quitclaim deed to add me as a co-owner to the house. Is this ...

A quitclaim deed is a legal document that transfers ownership of a real estate property from one party to another. A quitclaim deed doesn't guarantee that the grantor or signer has any right to the ...

For example, if your house was worth $200,000 with a $100,000 mortgage balance when the quitclaim deed is recorded, you would have to pay real estate excise tax on that $100,000 debt assumption.

Buying a home means transferring ownership from the seller to the buyer, which means every home sale is a legal transaction in addition to a financial one. To record the legal transfer of ownership, ...

Fiduciary deeds are just one of several types of deeds used in property transfers. This type is used to transfer property such as real estate when the owner can’t sign a deed for legal or other ...

Reina Marszalek is a senior mortgage editor at Fox Money who has spent more than 10 years writing and editing content. Fox Money is a personal finance hub featuring content generated by Credible ...

What is a quitclaim deed? It's a legal document that transfers any ownership claim, interest, right or title a person or entity may have in a property to someone else. In effect, it releases (or quits ...

There are instances when the owner or owners of a given property or real estate parcel seek to dispose of that ownership without a traditional sale. Alternatively, friends or family members may wish ...

When someone buys or sells a home, the purchase and transfer of the property is always facilitated by a real estate deed — a written document that legally transfers the ownership of a property from ...