How to Transfer Property to New Owner
- 1). Review your deed to find out what type of ownership you have in your property (see "Tips" for types).
- 2). Decide how you want to transfer the property to the new owner. You can transfer ownership in a property by selling it, offering it as a gift or conveying ownership upon your death. To sell the property you grant ownership in exchange for money. You can offer the property as a gift for free to friends, relatives or anyone you choose. Furthermore, a living will or trust allows you to transfer your property interest upon death.
- 3). Select the type of deed you will use to grant ownership. You use a quitclaim deed, warranty deed or a sale deed (see "Tips").
- 4). Meet with an attorney to review your real estate transaction. A real estate attorney will help to ensure you are following applicable laws in transferring property ownership and also provide you with legal paperwork such as deeds.
- 5). Get the deed notarized. Most states require you to get the deed notarized. When a document is notarized, you must sign it in the presence of a notary public. You can find a notary public at a bank or the public library.
- 6). Record the deed to complete the property transfer. Contact your county clerk office to have the deed recorded in the register of deeds office in your county.
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