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swassay

Joined: 12 Oct 2009
Posts: 1
1.34 Dollars($)
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Posted: Mon Oct 12, 2009 11:01 am Post subject: name on warranty deed |
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| I was surprised to see that my husband's name was not on the warranty deed. I had just filed over 65 exemption and was denied. The warranty deed says I am a married person but does not have his name. How can I fix it or does his name really has to be there to get the exemption? |
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jenkin7

Joined: 04 Jun 2007
Posts: 4303 Location: Hawaii
679.96 Dollars($)
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Posted: Tue Oct 13, 2009 12:51 am Post subject: |
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Hi swassay,
| Quote: | | I was surprised to see that my husband's name was not on the warranty deed. I had just filed over 65 exemption and was denied. |
Why were you denied the over-65 exemption? What reason did they give you for disqualifying you for the exemption? As far as I know, if you are 65 years or older and use the property as your primary residence you can claim the over-65 exemption.
If you own the property along with a co-borrower, you cannot qualify for the full amount of the exemption. You can claim exemption only for the part of the property which is owed by you. it is not very clear why your husband's name is not on the warranty deed. But I believe, that should not have affected your chances of qualifying for the exemption. It is not necessary for your husband to be on the deed in order for you to qualify for the exemption. |
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Guest

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Posted: Tue Oct 13, 2009 10:37 am Post subject: |
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| My husband has turned 65 not me. |
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jenkin7

Joined: 04 Jun 2007
Posts: 4303 Location: Hawaii
679.96 Dollars($)
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Posted: Thu Oct 15, 2009 12:17 am Post subject: |
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Hi Guest,
If your husband has turned 65, he can claim the over-65 tax exemption. You will not be able to qualify for the exemption. However, your husband's name has to be on the property title if he wants to claim the exemption. If his name is not on the title and yours is the only one on it, you can sign a quit claim deed and transfer the title to either him alone or to both you and him. This will make him a legal owner of the property and he will be able to claim the exemption. |
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