How Do You Transfer A House To Joint Tenancy?
A joint tenancy means that if one of the owners of a house dies, the other surviving owner automatically becomes the sole owner without the need for a will or probate, and without paying any estate or death taxes. This method of property ownership is very similar to a “pay on death” designation on a bank account. Locate a quitclaim deed form. You can find a quitclaim deed form with a simple online search. However, for something a bit more professional, consider purchasing a form from an attorney, an office supply store or an online retailer. Additionally, many county recorders now store land records online, so you can search your county’s website and find a recorded quitclaim deed to copy and reuse. Fill out the quitclaim deed, with yourself as the grantor. List the grantees, which will be you and the other person you want to take title when you die. List your name and the other person’s name as “joint tenants with the right of survivorship.” Sign the quitclaim deed and have your signa