Posted on: 07th Oct, 2009 05:37 pm
on the interspousal transfer deed form one of the "applicable exclusion" option is - to relinquish any community interest and to vest said property in the name of the grantee as his/her sole and separte property -
what is that option means and what power this optpion give to the grantee ??
Carlos V
what is that option means and what power this optpion give to the grantee ??
Carlos V
Hi eccoc!
Welcome to forums!
Once you sign the interspousal transfer deed, you would be transferring the sole property to the grantee. You will have no rights to that property and it would be considered as the sole and separate property of the grantee. You would even lose community interest in that property.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
Once you sign the interspousal transfer deed, you would be transferring the sole property to the grantee. You will have no rights to that property and it would be considered as the sole and separate property of the grantee. You would even lose community interest in that property.
Feel free to ask if you've further queries.
Sussane
Thanks Sussane.
I was married in california. My wife signed that interspousal transfer deed and checked option "to relinquish any community interest and to vest said property in the name of the grantee as his/her sole and separte property"
If she want to divorse, she still have rights to half of the property??
I was married in california. My wife signed that interspousal transfer deed and checked option "to relinquish any community interest and to vest said property in the name of the grantee as his/her sole and separte property"
If she want to divorse, she still have rights to half of the property??
Hi Guest,
If your wife has signed the inter-spousal deed and you are the grantee to the property, then she won't have any rights to that property. It would be considered as your sole and separate property. If she files for divorce, she won't be able to claim ownership of the concerned property.
If your wife has signed the inter-spousal deed and you are the grantee to the property, then she won't have any rights to that property. It would be considered as your sole and separate property. If she files for divorce, she won't be able to claim ownership of the concerned property.
Hi Adonis, I have a daughter. If I die who have rights to that property, my wife, my daughter or goverment will decide?
Hi Guest!
Welcome to forums!
If you draft a will and leave the property to your daughter, then she would be the owner of the property. If you do not leave back a will, then your wife and daughter both can file an affidavit of heirship and transfer the property in their name.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
If you draft a will and leave the property to your daughter, then she would be the owner of the property. If you do not leave back a will, then your wife and daughter both can file an affidavit of heirship and transfer the property in their name.
Feel free to ask if you've further queries.
Sussane