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A quitclaim deed is a method for legally transferring real estate without selling it. There are also technicalities and state-specific rules to follow for this type of deed.
You’ve purchased a home, congratulations! But what that means, whether you own the property outright, how ownership is split (if at all) and a host of other factors contribute to how ...
This type of deed transfers property ownership from one spouse to the other. It’s typically used in divorce cases where both spouses shared ownership of the property.
Last, some separate property states allow married residents to transfer property ownership to a community property trust, thereby giving couples the benefits – and burdens – of community ...
Whereas if a home is owned simply as community property, after the death of the first spouse, the deceased spouse’s estate and the surviving spouse are 50-50 owners of the home.
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