Answers general questions about residential real estate in Florida. More specific answers for the southwest area of Florida - Naples, Bonita Springs, and Estero Florida - Collier and Lee Counties. Will not answer any questions about commercial real estate or business brokerage.
Experience
Experience in the area: I have held a Florida real estate license since 1995 and Florida mortgage broker license since 1996. I have specializes in the residential real estate market as a full-time REALTOR since 1996. Currently a member of the Legal Resources Committee of the Naples Area Board of Realtors.
Organizations Naples Area Board of Realtors, Lake Placid Board of Realtors, Florida Association of Realtors, National Association of Realtors
Publications Have been interviewed by the local NBC, ABC, and FOX affiliates about correcting erroneous information on credit reports, local real estate market conditions, and foreclosures. Glenn authors Naples Real Estate Blog
Education/Credentials Bachelor of Science Degree in Accounting from Bentley College, Waltham, Mass.
Post graduate courses at Nova University.
Awards and Honors 2007 Best in Client Satisfaction - Real Estate Agent by Gulfshore Magazine.
2006 Best in Client Satisfaction - Real Estate Agent by Gulfshore Magazine.
Expert: Glenn Ginsburg Date: 2/4/2008 Subject: Transfer of ownership
Question Glenn,
If I want to transfer the ownership of my house to my significant other do I just complete a grant or quit claim deed and record it with the county?
Or am I missing a whole lot more?
Thanks,
FB
Answer Hello Freeman,
Thank you for your question.
First, if you have a loan or mortgage on the property, in order to transfer ownership you will need to notify the lender and obtain their approval of the transfer. You will find a clause within your mortgage explaining this item.
If there is no financing on the property, you could transfer ownership by use of a warranty deed, rather than a quit claim deed. The warranty deed keeps the chain of title and its associated warranties in place. A quit claim deed breaks this chain and should a claim against the title arise, the new owner may have issues which could be costly to resolve.
