Tag: transfer

Deed transfers, revocable trusts… explained

Our office receive several inquiries on this topic. We’ve already written about Deed Trusts and LLCs and joint tenants for example. Today I will be addressing Deed Transfers and Revocable Trusts. (1) Transferring title from a sole owner...

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What does ‘no consideration’ deed mean?

When someone says “no consideration” deed, what does it mean? Does it mean no transfer and recordation taxes?  No. It actually means that the property is being transferred via deed without money exchanging hands. Not all no consideration...

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Deed transfers among joint tenants… explained

Each week this office receives several inquiries from homeowners seeking to transfer title to their property. The scenarios include transferring title between spouses, between ex-spouses, between and among family members, transferring title...

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Transfer taxes, real property taxes… Explained

"In this world nothing can be said to be certain, except death and taxes," Ben Franklin once famously said. Yet when it comes to taxes on real property – especially for first-time homebuyers – we find much uncertainty and confusion exists....

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Deed transfers in Washington DC

We often receive calls asking to add or remove an individual from the deed or title to a property. People are often shocked to find out that, depending on the type of transfer, there may be a Recordation and Transfer Tax involved, even if...

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