Posted on: 09th Feb, 2010 04:19 pm
My husband and I are on title as joint tenants. We would like to add our daughter to title, preferably with different percentage interests but not necessary. What is the best form to do this: Tenants in Common Grant Deed, Joint Tenancy Grant Deed or Quitclaim Deed (we still want to remain on title however)?
Thank you.
Ruth Pool
Thank you.
Ruth Pool
Hi ruthie,
You can add your daughter to the property title through a joint tenancy grant deed. This will give you all an equal and undivided interest in the property. However, if you do not want to give your daughter equal share in the property, you can add her through a quit claim deed and specify the percentage of interest that she will have in the property. I'd suggest you to consult a real estate attorney in this regard as he is the best person to tell you which form would be best-suited for your situation.
You can add your daughter to the property title through a joint tenancy grant deed. This will give you all an equal and undivided interest in the property. However, if you do not want to give your daughter equal share in the property, you can add her through a quit claim deed and specify the percentage of interest that she will have in the property. I'd suggest you to consult a real estate attorney in this regard as he is the best person to tell you which form would be best-suited for your situation.