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Is there a time limit on interpousal transfer deed?

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Post Posted: Mon Mar 02, 2009 8:51 pm    Post subject: Is there a time limit on interpousal transfer deed?
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My ex and I (bifurcated divorce) want to create an agreement that allows for a interspousal tansfer of a property at a later date with exchange of money at that time (when it is logistically possible) as part of the settlement to avoid taxes. Is there a time limit for such a transfer? Does the time limit need to be spelled out in the agreement? Does the compensation amount need to be fixed for this to be considered part of the settlement? We live in California and have two homes both as JTRS. The agreement would call for one (free and clear) to be transferred immediately to my ex and the other which has an encumbrance in both names would initially be transferred to me (if that is possible with encumbrance) and later transferred to my ex when feasible.
Icon Mini Profile jenkin7
jenkin7




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Post Posted: Tue Mar 03, 2009 1:35 am    Post subject:
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Hi Guest,

This topic has been discussed on the following page:
http://www.mortgagefit.com/propertytransfer/agreement-interspousaltran sfer.html
Guest (original poster)

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Post Posted: Tue Mar 03, 2009 8:02 am    Post subject:
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Thank you and I apologize for the multiple posting...
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Guest (original poster)

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Post Posted: Tue Mar 03, 2009 8:22 am    Post subject:
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ADDITIONAL POSTERS:

please reply to this question at link referred to by jenkin7

MODERATOR: feel free to delete this thread

Thank you.

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Icon Mini Profile jerry
jerry
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Post Posted: Wed Mar 04, 2009 5:42 am    Post subject:
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Hi Guest,

I believe you are new to this forum. But that's ok. You need not be sorry for having posted multiple postings. It's a mistake that many of us end up doing. However, what's important is that you don't repeat this again.

You are a valued guest in this forum and are always welcome.

Please feel to ask further queries, if you have any.

Thanks,

Jerry.
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