The title to a piece of property is the evidence of a right to possession. The instrument that proves the title (or ownership) of property is a document such as a deed. In order to transfer property title, there are certain legalities that need to be followed. Read on to find out more.
Contact an attorney who specializes in the transfer of real property. Real property is land, houses, buildings or any improvements connected with that piece of real estate. It's necessary to transfer property title when real estate is given as a gift, inherited, becomes part of a divorce settlement or, of course, any time property is sold/bought.
Explain the particulars of the property transaction to the attorney. Once he knows the circumstances involved, he can advise on the best means to use in the transfer of property title. There are several ways to transfer property title: General Warranty Deed, Limited Warranty Deed, General Limited Warranty Deed or through a Quit Claim Deed. Your attorney will take time to explain the best route to use.
Make an appointment for all parties involved to meet with the attorney to transfer property title. Documents must be signed and notarized in the presence of an attorney. The attorney and his or her assistant/staff will make sure that all legal aspects are fully explained and understood by all parties.
Follow through and make sure that the transfer is complete by checking at the county courthouse deed office. The transfer of property title is not valid until it is recorded in the county courthouse in the county in which the property is located. Whereas your attorney will handle the process and paperwork involved, it's still a good idea to check and make sure that the new ownership is recorded in a timely manner.