Posted on: 02nd Mar, 2011 04:59 pm
My wife inherited LA property, now finally fully recorded in her name. Se wants to add me to title as joint tenant. I have here virtually all filled out the LA county form JOINT TENANCY GRANT DEED
lavote.net/general/pdfs/joint_tenancy_grant.pdf
I understand one should, to avoid reassesment, include (add) a line that reads something like:
"This conveyance is a bonafide gift, R & T 11911." This is a transfer between husband and wife.
I just want to check that this is the exact correct language as one other sample I saw (not a grant between husband and wife, but still an LA county Grant Deed) included the phrase "and the grantor received nothing in return" and wondered if that phrase is necessary in this case.
lavote.net/general/pdfs/joint_tenancy_grant.pdf
I understand one should, to avoid reassesment, include (add) a line that reads something like:
"This conveyance is a bonafide gift, R & T 11911." This is a transfer between husband and wife.
I just want to check that this is the exact correct language as one other sample I saw (not a grant between husband and wife, but still an LA county Grant Deed) included the phrase "and the grantor received nothing in return" and wondered if that phrase is necessary in this case.
Welcome acensor,
It will be better if you could show this document to a real estate attorney and take his help in this matter. The real estate attorney will be able to help you in this matter.
It will be better if you could show this document to a real estate attorney and take his help in this matter. The real estate attorney will be able to help you in this matter.