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DeedClaim Online Deed Preparation Service

Details: DeedClaim is an online deed preparation service. Get a quitclaim deed, warranty deed, special warranty deed, TOD deed, or life estate deed.

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Missouri Deed Forms Get a Deed to Transfer Missouri Real

Details: How to Transfer Missouri Real Estate. Transferring Missouri real estate is a four-step process: Locate the Prior Deed to the Property. The prior deed includes important information that is needed to prepare the new deed. This information includes the full legal description of the property and the exact names of all current; Get a New Deed to

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Texas Homestead and Real Estate

Details: The tax exemption for Texas homestead is usually a partial exemption of $25,000 of the property’s value. Given that most counties in Texas levy taxes at 2 to 3 percent of the property’s value, the $25,000 property tax exemption usually saves between $500 and $750 in taxes. Local taxing authorities may decide locally to offer a separate

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Virginia Deed Forms Get a Deed to Transfer Virginia Real

Details: Virginia recognizes three types of deeds that are defined by the warranty of title they provide or don’t provide.. General Warranty Deed Form – Provides a full warranty of title that includes a covenant to defend title against all claims, including claims by third parties based on actions that occurred before the grantor owned the property. Va. Code Ann. §§ 55-68 and 55-70 et seq.

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How to Avoid Probate of Real Estate

Details: Historically, planning to avoid probate of real estate has been more difficult. Until recently, there were only three primary ways to avoid probate of real estate: Lifetime Transfer – Transferring property to another owner takes it out of your estate. There are two ways to structure lifetime transfers.

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What is Consideration for a Deed to Real Estate

Details: If money is changing hands—such as when real estate is being sold—deeds will usually list a nominal amount of consideration (e.g., $10.00) or list the actual purchase price of the property. And some states, including Alabama and Michigan, require that the consideration be clearly stated.

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Illinois Deed Forms Get a Deed to Illinois Real Estate

Details: How to Transfer Illinois Real Estate. In Illinois, the real estate transfer process usually involves four steps: Locate the most recent deed to the property. Before creating a deed, it is helpful to have a copy of the most recent deed to the property (the deed that transferred the property to the current grantor).

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Alabama Deed Forms Get a Deed to Transfer Alabama Real

Details: Alabama recognizes three types of deeds based on the warranty of title:. General Warranty Deed – The Alabama general warranty deed form is used when owners want to provide a full warranty of title that covers the entire chain of title, including the time period before the current owners owned the property.; Statutory Warranty Deed – The Alabama statutory warranty deed is Alabama’s

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Creditor Claim Traps for Homeowners Using California TOD Deeds

Details: Until the property is sold, the beneficiary is only liable to the extent of the value of the property that the beneficiary receives through the TOD Deed and any rent received from the property. Once the property is sold, though, the beneficiary becomes liable for interest on the sale proceeds and for any decrease in value after the beneficiary

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Texas Deed Forms Get a Deed to Transfer Texas Real Estate

Details: A deed is a written instrument used to transfer real estate. A deed allows the current owner (grantor) to transfer Texas real estate to a new owner (grantee).The type of deed that you will need can differ depending on your goals. Our deed preparation service creates all popular Texas deed forms, including:

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Lady Bird Deed What is a Ladybird Deed

Details: A lady bird deed (also called a ladybird deed or an enhanced life estate deed) is a special form of life estate deed that gives the owner continued control over the property until his or her death.Once the owner dies, the property is transferred automatically to new owners without the need for probate.

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Indiana Deed Forms Get a Deed to Transfer Indiana Real

Details: The Indiana Real Estate Sales Disclosure Form must identify the grantor and grantee, list the value of the property described in the deed. It is filed with the county auditor of the county where the property is located and must be filed before the deed is recorded. Ind. Code Ann. §§ 6-1.1-5.5-5 and 32-21-5-7.

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Do I Need Bank or Lender Permission to Transfer Real

Details: A due-on-sale clause is a provision in a mortgage document that requires the full balance of the loan to be paid in full if the property is transferred to anyone else. Although due-on-sale clauses were designed to apply when the property is sold to an independent third party, they apply to …

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How to Get Texas Homestead Exemption for Property in a

Details: There are many reasons for transferring Texas real estate into a living trust or other revocable or irrevocable trust. The most common reason is to avoid Texas probate. Transferring Texas real estate to a living trust removes the real estate from the transferor’s probate estate and bypasses the Texas probate process.. Property transferred to a valid living trust can continue to qualify for

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Illinois Real Estate Transfer Tax on Deeds to Real Estate

Details: The municipal real estate transfer tax can vary and, in some cases, be much higher than the state and county real estate transfer tax. In Chicago, for example, the transfer tax rate is $5.25 ($3.75 standard portion and $1.50 Chicago Transit Authority portion) of the value stated in the Transfer Tax Return.

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How to Remove a Deceased Owner from a Title Deed to Real

Details: A survivorship affidavit (sometimes called an affidavit of death or affidavit of continuous marriage) is a legal document used to remove a deceased owner from title to property by recording evidence of the deceased owner’s death in the land records.The purpose of a survivorship affidavit is to clear up the land records by letting third parties—including title companies, lenders, and the

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What is a Life Estate

Details: As discussed in How to Avoid Probate of Real Estate, a life estate deed is a popular estate planning tool.Life estate deeds are the oldest form of deed for avoiding probate at death and are well-established in most states. But, as discussed below, life estate deeds forfeit control.

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Florida Quitclaim Deed Form Get a Quit Claim Deed in Minutes

Details: Example: Ashley sells Florida real estate to Brett and uses a quitclaim deed to transfer title. After the sale, Brett learns that Ashley sold the property to Claire one year before he sold it to Ashley. Because Ashley conveyed the property by quitclaim deed, Brett cannot sue Ashley for breaching the warranty of title (although he may sue her on

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Florida Homestead Exemption and Requirements

Details: Florida law provides for lower property tax assessments on homestead property. Under the Florida Constitution, every Florida homeowner can receive a homestead exemption up to $50,000. The first $25,000 in property value is exempt from all property taxes, including school district taxes. The additional $25,000 exemption is available for non

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California Documentary Transfer Taxes

Details: Many of California’s 121 charter cities have enacted their own tax rates. In Berkeley, for example, the city documentary transfer tax rate is $15.00 for each $1,000 of property value—significantly higher than the county’s rate of $1.10 per $1,000 of property value. When a charter city imposes its own tax rate in excess of the county’s

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Right of Survivorship Deed DeedClaim

Details: A joint tenancy with right of survivorship is a common form of co-ownership in which each owner has a right of survivorship with respect to the other owners. On the death of an owner, the property passes automatically to the surviving owners. The last living owner inherits the entire property. Tenancy by …

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Texas Lady Bird Deed Form Get a Ladybird Deed Online

Details: Texas is one of five states that recognize lady bird deeds. The other states that recognize lady bird deeds are Florida, Michigan, Vermont, and West Virginia.In each state, the technical name for a lady bird deed is enhanced life estate deed.The life estate is “enhanced” in the sense that it provides the property owner with more retained control than a traditional life estate deed.

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Texas TOD Deed Form Create a Transfer-on-Death Deed Online

Details: How a Texas TOD Deed Form Works. A Texas TOD deed form is a special type of deed form that transfers property to designated beneficiaries upon an owner’s death. It works much like a transfer-on-death designation on a bank account. A transfer-on-death deed identifies beneficiaries who will inherit the real estate at death.

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Arizona Beneficiary Deed Form Get an Arizona TOD Deed Online

Details: Retained Control – A property owner who signs a beneficiary deed form keeps complete control over the property during his or her life. The owner can sell, mortgage, or rent the property without involving the named beneficiaries. If the owner changes his or her mind, the owner can simply revoke the deed or name different beneficiaries.

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How to Remove an Ex-Spouse from a Deed After Divorce

Details: Here are five steps to remove an ex-spouse from a property deed: Review the divorce decree to determine who gets the real estate. Obtain a copy of the prior deed to the property. Create a new deed to transfer the property as described in the divorce decree. Submit the new deed to the city or county land records for recording.

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Quitclaim Deed What is a Quit Claim Deed

Details: Transfer of real estate from a person to a business owned by that person; and; Make a gift of property from one person to another. Quitclaim deeds are often used to remove an ex-spouse from a deed after a divorce. Most spouses own their homes jointly, meaning …

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Michigan Lady Bird Deed Form Enhanced Life Estate Deed

Details: How a Michigan Lady Bird Deed Form Works. A Michigan lady bird deed form allows a person to retain control over Michigan real estate during his or her life and automatically transfer the real estate at his or her death. The property transfer occurs automatically at the prior owner’s death, avoiding probate. Michigan lady bird deeds work by dividing ownership into lifetime and future interests.

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Uncategorized Archives DeedClaim

Details: The Best Cities for Buying a House as a Single Woman. Intro The real estate market is ever-changing. Trends in renting versus buying, apartments versus condos, and downtown versus suburban settings are evolving over time. But perhaps one of the most exciting new trends is the rise in single women’s homeownership. With more financial autonomy

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Texas Deeds and Medicaid Asset Protection

Details: Texas Deeds and Medicaid Asset Protection. Several types of deeds are used in Texas for estate planning purposes. Transfer-on-death deeds, lady bird deeds, and traditional life estate deeds can all transfer real estate at a person’s death while retaining a right to use the property during the person’s life. These types of deeds avoid

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Missouri Beneficiary Deed Form Create a TOD Deed Online

Details: A Missouri beneficiary deed form—also known as a Missouri transfer-on-death deed form or simply Missouri TOD deed form—is a written document that transfers real estate at an owner’s death.It works in much the same way as a POD or TOD designation on a bank account. The owner retains complete control over the property during life.

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Florida Lady Bird Deed Form Get an Enhanced Life Estate

Details: Comparison of Florida Lady Bird Deeds to Life Estate Deeds. A Florida lady bird deed form is a subcategory of life estate deed.Traditional life estate deeds also avoid probate, but they have a significant drawback: Once a traditional life estate deed is signed, the original owner cannot sell, mortgage, convey, gift, or otherwise terminate the remainder interest during his or her lifetime

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How to Transfer a Florida Timeshare

Details: The best way to ensure that the timeshare is real estate is to look at the documents that transferred the property to you. If you acquired the property by any form of deed—including a quitclaim deed, condominium deed, timeshare deed, or similar instrument—then the timeshare is a real property interest that can be transferred by deed.

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California TOD Deed Form Get a Transfer-on-Death Deed Online

Details: How a California TOD Deed Form Works. The California TOD deed form allows a person to avoid probate by using a deed to transfer property at his or her death. California first authorized TOD deeds on January 1, 2016, joining the growing list of states that allow probate to be avoided when property is transferred by a revocable deed.

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