Posted on: 07th May, 2007 12:36 pm
my wife and i owned our house as joint tenants. she recently passed away, and now i want to sell our house. what, if anything, do i need to do to be able to sell the house with clear title? quit claim deed?
Hi,
Sorry to hear about your wife's death.
As you held title with your wife as joint tenants, after her death you automatically get to own her share. You can now proceed with taking steps to sell the house.
Miller
Sorry to hear about your wife's death.
As you held title with your wife as joint tenants, after her death you automatically get to own her share. You can now proceed with taking steps to sell the house.
Miller
"My wife and I owned our house as Joint Tenants. She recently passed away, and now I want to sell our house. What, if anything, do I need to do to be able to sell the house with clear title? Quit Claim Deed?"
Hi Lost Pop,
As Miller said, you now own the house after your wife's death because you held title with her as joint tenants. Read more about your rights as being one of the joint tenants from this page - http://www.mortgagefit.com/joint-tenancy.html
Hi Lost Pop,
As Miller said, you now own the house after your wife's death because you held title with her as joint tenants. Read more about your rights as being one of the joint tenants from this page - http://www.mortgagefit.com/joint-tenancy.html
Welcome Pop.
The form of ownership between a husband and wife can be joint tenancy simply or tenancy by the entireties as is the rule in most states. In joint tenancy form of ownership, a spouse can get ownership rights when the other spouse passes away due to the right of survivorship. Tenancy by entireties also has the right of survivorship feature but both spouses should agree to lifetime conveyances.
However, in order to remove your wife's name from the property-title, most states require you to record an affidavit of survivorship and a certified copy of your wife's death.
Thanks.
The form of ownership between a husband and wife can be joint tenancy simply or tenancy by the entireties as is the rule in most states. In joint tenancy form of ownership, a spouse can get ownership rights when the other spouse passes away due to the right of survivorship. Tenancy by entireties also has the right of survivorship feature but both spouses should agree to lifetime conveyances.
However, in order to remove your wife's name from the property-title, most states require you to record an affidavit of survivorship and a certified copy of your wife's death.
Thanks.
My boyfriend and I own a home together. If we split up and mutually agree for one party to buy out the other, what type of financial qualifications must the buying party undergo
hi lrb.
welcome to the forum.
whoever is willing to buy out he/she needs to refinance the mortgage and the other one need to quitclaim the property. for quitclaiming the property he/she can claim the share of the property that he owns. btw you should get approval from the lender to quitclaim the property.
feel free to ask if you have any further questions.
best of luck.
larry
welcome to the forum.
whoever is willing to buy out he/she needs to refinance the mortgage and the other one need to quitclaim the property. for quitclaiming the property he/she can claim the share of the property that he owns. btw you should get approval from the lender to quitclaim the property.
feel free to ask if you have any further questions.
best of luck.
larry