How to Add Someone to Home Title

How to Add Someone to Home Title

Adding someone to your home title is a straightforward process, but it requires careful consideration and attention to detail. The direct answer to how to add someone to your home title is to file a new deed with your local county recorder's office. This deed should clearly state the names of all owners and the type of ownership they will have.

Before you begin, ensure you have all the necessary documents ready. This includes the current deed, personal identification for both parties, and any relevant legal documents that may be required in your state. Below, we outline the steps you need to follow to successfully add someone to your home title.

Steps to Add Someone to Your Home Title

1. Step 1: Gather Required Documents

   Collect the current deed, identification for both parties, and any required legal documents.

2. Step 2: Decide on Ownership Type

   Determine whether the new owner will have joint tenancy, tenancy in common, or another form of ownership.

3. Step 3: Draft a New Deed

   Prepare a new deed that includes the names of all owners and the type of ownership.

4. Step 4: Sign the Deed

   Both parties must sign the new deed in front of a notary public.

5. Step 5: File the Deed

   Submit the signed deed to your local county recorder's office for filing.

Required Tools and Materials

• Current deed
• Identification for both parties
• Notary public
• Legal documents (if applicable)

Safety Notes

Key Takeaways

• Adding someone to your home title requires a new deed.
• Ownership types include joint tenancy and tenancy in common.
• Both parties must sign the deed in front of a notary.
• File the new deed with your local county recorder's office.
• Consult a legal professional for personalized advice.

FAQs

• Q: Can I add someone to my home title without their consent?
  A: No, both parties must agree to be added to the title and sign the new deed.
• Q: Will adding someone to my home title affect my mortgage?
  A: It can affect your mortgage, so it’s essential to check with your lender first.
• Q: What are the tax implications of adding someone to my home title?
  A: There may be gift tax implications; consult a tax professional for advice.

Comparison Table of Ownership Types

Type of Ownership	Description	Pros	Cons
Joint Tenancy	Equal ownership with right of survivorship.	Automatic transfer to surviving owner.	May complicate estate planning.
Tenancy in Common	Separate shares of ownership.	Flexible transfer of ownership shares.	No right of survivorship.