Deeds

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This is part of OSE's treatment of Real Estate Law.

Adding a Partner to a Deed

  • Alvin Rabushka's Flat Tax would simplify land tenure issues.
  • For couples - use a Right of Survivorship. This avoids probate.
  • Tenants in the entirety - with right of survivorship
  • Capital gains taxes may apply, so Transfer on Death is preferable for capital gains purposes.
  • Procedure: obtain a quitclaim form from local recorder's office. Sign (one or both, depending on county) in presence of a notary. May require a Spousal Affidavit.
  • Tenancy in Entirety protects other partner in case of suit, other partner is not exposed if one partner is sued.