Ask Experts Questions for FREE Help !
Ask
    dquest24's Avatar
    dquest24 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Jul 9, 2010, 08:37 AM
    Adding wife to deed.
    I want to know how I can be added to the deed to our home. My husband bought our home
    With his business partner five years ago. He was going to pay for our home outright once
    He sold his first home in another state and take his partner's name off the deed and put mine on. He did not do that and I want to know can my name be added (as his wife) even though
    The house is still in my husband and his partner's name?

    Thank you for any help you can provide.
    smoothy's Avatar
    smoothy Posts: 25,490, Reputation: 2853
    Uber Member
    		  
    #2

    Jul 9, 2010, 08:55 AM

    Without his business partners approval and signature as legal half owner. That's not going to happen. Because you can't simply seize part of his assets without his approval. And technically as long as his name is on it adding a third name dillutes the ownership from 50% each to 33.33% with no compensation.
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #3

    Jul 9, 2010, 09:32 AM

    The partner would have to agree to sell his share of the property to you and your husband as joint tenants.
    AK lawyer's Avatar
    AK lawyer Posts: 12,592, Reputation: 977
    Expert
    		  
    #4

    Jul 9, 2010, 05:34 PM
    One issue that I have never seen discussed is whether real estate can be transferred in anything but equal shares. For example,
    "A & B, grantors, grant the following shares in the described real property: to A, grantee 1/2 interest, to B, grantee, 1/4 interest, & to C, grantee, 1/4 interest."

    I see no reason why it wouldn't work.
    LisaB4657's Avatar
    LisaB4657 Posts: 3,662, Reputation: 534
    Expert
    		  
    #5

    Jul 9, 2010, 05:35 PM
    Quote Originally Posted by AK lawyer View Post
    One issue that I have never seen discussed is whether real estate can be transferred in anything but equal shares. For example,
    "A & B, grantors, grant the following shares in the described real property: to A, grantee 1/2 interest, to B, grantee, 1/4 interest, & to C, grantee, 1/4 interest."

    I see no reason why it wouldn't work.
    Sure it can. I've done it many times.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Adding a name to a Deed [ 1 Answers ]

I live in Delaware, and I would like to know how to go about adding a name to the Deed of a home?

Adding your wife to house deed [ 2 Answers ]

we we bought our home we were not married and i got a va loan in my name. how do i get my wifes'name on the deed? just incase something should happen to me it would be easier for her.

Adding a name to a deed [ 9 Answers ]

I live in New York, and plan to have my name added to the deed on my mother's home. This would mean that we both own the property, which is important since she is 81 years of age. I purchased a blank of the same type of deed which we have, but I need help completing it. What is the easiest and...

Adding a name to deed [ 1 Answers ]

How does a person legally be added to an existing houde deed? What steps are necessary to achieve this?

Adding name to deed [ 2 Answers ]

How do we add a name to a mortgage deed

View more questions Search