June 13, 2019
Read THREE factors involved when transferring property during Divorce.
Family law attorneys deal with the separation of real estate during a divorce.
There are three factors involved in this situation:
- Amicable separation between spouses – here the two individuals have already decided how they want to separate their real property. In some situations, real estate holdings may have been owned by one of the spouses prior to the marriage and the couple agrees that it will be transferred to the original owner as “a married person, as his or her sole and separate property.” In this case, they are still married and so the deed transfer becomes very simple.
- Couples that have retained an attorney – through the process of the divorce, the attorneys may have suggested to transfer the properties so that the real estate does not need to be addressed in the divorce decree. In this situation, as in the one above, the property is then transferred to one of the parties as “a married person, as his or her sole and separate property.”
- Divorce has finalized – in this case, it needs to be addressed in the deed transfer that the parties are former spouses and that they acquired title as a married couple. In addition to this, specifically to the State of Nevada, when parties transfer ownership by deed, a copy of the divorce decree needs to be submitted as supporting documentation when recording so that transfer tax is exempt. Many couples do not want all these details released to anyone not part of the divorce so it can be beneficial to do the deed transfer(s) prior to or during the divorce process.
Here are two testimonials from attorneys we work with. We are happy to assist attorneys. Give us a call so we may see how we can work with you in assisting your clients. Although the above scenarios are relative to Nevada, we have assisted clients with properties outside of Nevada.
“I am a Nevada divorce attorney and have recommended my clients to Quick Claim USA to prepare the necessary deeds to transfer real property between the parties. Quick Claim USA has expertly prepared the necessary deeds to transfer properties throughout the United States including the deeds necessary to transfer Timeshares between the parties. I know that I can confidently refer my clients to Quick Claim USA because the appropriate deeds will be prepared correctly and quickly. I would not refer my clients anywhere else. All true!” Anita A Webster, Esquire, Family Law Attorney, Mediator and Collaborative Law Professional, NV
“I have been a practicing attorney in Las Vegas for 35 years. Throughout this period of time whenever we had a divorce or an exchange of property, our firm would undertake to prepare and have executed the deeds for the properties being exchanged. There are nuances in each kind of property and if in different states, we would have to learn the nuances of that particular state which was time consuming and more expensive for our client. Recently, I had the opportunity to use Quick Claim USA on two occasions.
Both times my clients asked me why I believed it was necessary to outsource this when our firm could handle it. I explained the expense and the time, advising that Quick Claim USA could handle it more expeditiously and at a more competitive price.
Both cases had numerous properties that required deeds, many of them from properties in other states. Had our firm completed this process, it would have taken many hours and far more money than what Quick Claim USA charged for this process. It was a wonderful feeling knowing that my clients were being treated with professional services at a competitive price and knew how to get it done expeditiously.
I would recommend Quick Claim USA any time any party or parties are in need of these unique services.” Fran Fine, Frances-Ann Fine, Esquire, Of Counsel to Fine Carman & Price, NV
Learn More about Quick Claim USA 702.233.4014 or email us at [email protected]
Quick Claim USA and their employees are not attorneys in the State of Nevada or in any other State or Jurisdiction. Quick Claim USA is not licensed to give legal advice and may not accept fees for giving legal advice. Should you have questions regarding any of the above items, you must seek the advice of independent legal/tax counsel of your choosing.
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