You can add your fiance to your house title with a quitclaim deed. Preparing a quitclaim deed is a straightforward task, however, there are ramifications to consider. When you add a party's name to a house deed, you're giving away an ownership interest in your property. It may also create gift tax consequences for you.
Adding a Fiance to Property Title
Obtain a quitclaim deed that complies with your state law from an attorney, title company, or office supply store. Type your name and address in the space labeled grantor. Type your and your fiance's name and address in the space labeled grantee. Identify how you are holding title after your names. For example, a joint tenancy passes to the last survivor on the deed, while tenants in common can will their interests to anyone they choose.
Type the house address, legal description, and its tax identification number in the designated spaces on the deed. State $1.00 for the consideration, or sales price, if your fiance is not paying you for the transfer. Follow your state law in providing specific information such as state and county transfer tax codes.
Sign the deed in ink and date it before a notary public. Your fiance generally does not have to sign the deed. Sign before two witnesses if required by your state law. Record the deed, paying any applicable filing fees, at your county's office of register of deeds.
- Mortgage News Daily: Transfer Ownership of a House to Another Person or Spouse
- County of San Bernadino: How to Transfer Title on Your Property
- Tarver Abstract Title: Deeds
- Macomb County Clerk: Register of Deeds: Register of Deeds FAQS
- Volin & Swartz, Attorneys-at-Law: 9 Dangers of Owning Property in Joint Tenancy
- Eldercarelawjacksonville.com: Should I Add Name to House Title Under Florida Law?
- The Free Legal Dictionary By Farlex: Joint Tenancy
- HG.org. "Contracts 101—Warranty vs Quitclaim Deeds." Accessed Aug. 12, 2020.
- Realtor.com. "When Do You Need to Get a Quitclaim Deed?' Accessed Aug. 12, 2020.
- DivorceNet. "Interspousal Transfers Versus Quit Claim Deeds." Accessed Aug. 12, 2020.
- California State Board of Equalization. "Property Ownership and Deed Recording," Page 7. Accessed Aug. 13, 2020.
Maggie Lourdes is a full-time attorney in southeast Michigan. She teaches law at Cleary University in Ann Arbor and online for National University in San Diego. Her writing has been featured in "Realtor Magazine," the N.Y. State Bar's "Health Law Journal," "Oakland County Legal News," "Michigan Probate & Estate Planning Journal," "Eye Spy Magazine" and "Surplus Today" magazine.