Posted: Wed Apr 08, 2009 6:16 am Post subject: Adding my son to deed
I live in Florida and want to add my son and his wife to our deed. Is there a way to do this with no tax consequences? I want the deed to be in all four of our names, i.e. my husband and me, my son and his wife. Thanks.
You can use a quitclaim deed of Florida in order to add your husband, son and son's wife to the property. While doing so, you will have to pay the stamp doc fees, registration fees and other taxes. I don't think you'll be able to avoid them.
SandyBee Guest
Posted: Wed Apr 15, 2009 3:42 pm Post subject: Son and Mother share expenses on house, share tax deductions
Son and Mother live together and share all expenses on house. How can they each share tax deductions while filing separate tax returns?
Guest
Posted: Wed Apr 15, 2009 9:52 pm Post subject:
I would suggest you to contact a tax assessor and take his opinion in this regard. He will be the best person to help you in this matter.
linda Guest
Posted: Thu Jun 04, 2009 3:30 pm Post subject: quit claim deed responsibilities
I quit claim another person on my deed. They do not live here what are his responsibilities to the home as far as maintience and can they move in
As the property is quitclaimed, the grantee has the full responsibility to maintain the house. The grantee has all the rights to move into the property.
Feel free to ask if you have further queries.
Sussane
may Guest
Posted: Wed Sep 09, 2009 7:24 am Post subject: quit claim fraud?
The ex-president of our condo association embezzled money from our association. We have filed a police report and a detective has been assigned to the case. Meanwhile, she is planning to file a quit claim deed on her condo so that we will not be able to force her to pay her condo to make restitution. Can we stop her? Is this an example of fraud?
If you can prove that she is using illegal means just to save her property from liens, then it would be considered as a fraud. Thus, the court would stop her from transferring the property to someone else.
Feel free to ask if you've further queries.
Sussane
Richard g Guest
Posted: Thu Sep 10, 2009 10:55 am Post subject: Quit claim deed
If 2 people own a rental property equally can 1 partner quit deed his half without his partners permission
One of the partners can quitclaim his or her share of the property to someone else without informing the other partner.
Thanks
BillG Guest
Posted: Wed Oct 21, 2009 11:30 am Post subject:
My father just passed .. Mother is surviving and now living with me. They owned the house together, have a $72K mortgage and $15K LOC against the house. House worth about $200K. Can mother quit claim her interest to me and continue to make the payments and upon her death, I can sell the house and pay the mortgage/loc off? Her will has the house being sold and profits split between 4 kids. Does the quit claim remove the house from the will, and thus, from probate?
A quitclaim deed will come into effect during the lifetime of the grantor whereas a will comes into effect after the death of the grantor. Thus, a quitclaim deed will get more importance in this case. However, if your mother transfers the property to you, then you will have to refinance the loan in your name.
Feel free to ask if you've further queries.
Sussane
steve D Guest
Posted: Sun Nov 01, 2009 6:04 am Post subject: transferof land deed
ME AND MY WIFE HAVE SEPARATED MY MOMS LAND IS IN BOTH OUR NAMES IN FLORIDA CAN I DROP MY WIFES NAME FROM THE LAND DEED WITHOUT HER
It won't be possible for you to remove her name from the land deed without informing her. It is she who would be required to sign a quitclaim deed in your favor and transfer the property to you.