Just a one-time, up-front fee for a customized deed and any related documents that you need. AZ Statewide Paralegal offers the convenience of submitting all of this information online. The deed will list you as the grantor and you and your spouse as grantees. You will also need to choose how the grantees will hold title to the property. That person becomes subject to IRS regulations concerning gifts. The most common exemptions are husband and wife (ARS 11-1134-B3), parent and child (ARS 11-1134-B3), pursuant to a court order (ARS 11-1134-A5), a gift (ARS 11-1134-A7), or person and trustee/trustee to beneficiary (ARS 11-1134-B8). Your use of DeedClaim.com does not establish an attorney-client relationship. The deed must contain the right vesting language to transfer the property to the beneficiaries using the right warranty of title. For example, a quit claim deed might be used in a divorce where one spouse receives the family home as part of the divorce property settlement. List your current primary residence in any spaces that request the grantor's address. The spouses can change this by creating community property with right of survivorship. Welcome back to Ask My Buddy The Lawyer, a video blog where a real working attorney answers your legal questions quickly and most importantly, for free. The most secure digital platform to get legally binding, electronically signed documents in just a few seconds. Three Arizona deed forms are named after the warranty of title that they either provide or don’t provide: Arizona recognizes two other deed forms that are named after their probate avoidance feature: Our deed creation service uses the information you supply in the easy online interview to create the appropriate Arizona deed form for your situation. To add a spouse to a deed, all you have to do is literally fill out, sign and record a new deed in your county recorder’s office. • Tenancy in common means that two or more individuals own property but each owner has a separate interest, with no right of survivorship. § 33-405 which created for the first time in Arizona the use of beneficiary deeds. You shouldn’t take anything on this site to be legal advice or make any decisions based on it. No hidden fees or recurring costs. Adding a Person to a Deed Using a Quit Claim Deed One of the most common incorrect assumptions in real estate is that someone can be added to a deed. There are different deed forms depending on the type of transfer required. Using a quitclaim deed is a common and simple way to transfer property. It can be a 1/2 share, or more or less than 1/2. Start a free trial now to save yourself time and money! Contact our office today so that we can walk you through the legal document preparation services we offer. When you sign a quit claim deed, you do not make any guarantees or promises about whether someone else also has a legal interest in the property. You'll become joint tenants with rights of survivorship. An Arizona (AZ) quitclaim deed is a deed used to transfer property from one owner to another without any guarantee on the title being clear and free of issues. Arizona law also gives special protection for property that a married couple owns as a marital home and uses as a primary residence (homestead). As of 2018, the IRS allowable gift limit is $15,000 annually, per person. For informational purposes, here are the definitions of these types of ownership: • Sole ownership means you are the only owner of the property. Once we have received all of your information, we will prepare the deed for your signature. Deed Transfers. If the property is in Pima County, we can help you locate the most recently recorded deed, if it was recorded after 1986. According to the Arizona Revised Statues (ARS) 11-1133, the county recorder shall refuse to record any deed and any contract relating to the sale of real property if a complete affidavit of legal value is not appended unless the instrument bears a notation indicating an exemption. You might have the option of refinancing the loan into two names, however. Almost any lawyer can draft one for you. § 33-453. A warranty deed is a deed where the person granting the deed agrees to defend the title from claims of others. If one person owns a piece of real estate and wants to bring on another owner, this means that the current owner would give up their interest in the property to themselves and the other person. AZ Statewide Paralegal offers professional legal document preparation services. This article covers the difference between the two types of deeds and the process for filing them. Common and simple way to add the new spouse to the title from claims of others states that following. 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