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Illinois Real Estate Deed Forms Fill in the Blank Deeds Com

Illinois Real Estate Deed Forms Fill in the Blank Deeds Com

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[Music] if you've recently married and already owned a home or other real estate you may want to add your new spouse to the deed for your property so the two of you own it jointly to add a spouse to a deed all you have to do is literally fill out sign and record a new deed in your county recorders office however this action can have a financially devastating outcome if you don't prepare in advance you may want to consult a real estate attorney to find out if adding your spouse to your deed will achieve the result you want part 1 dot preparing for the transfer one read your mortgage if you have a mortgage on your property it may have a do on sale clause this clause gives your lender the right to demand payment in full of the balance you owe on the mortgage if you sell or transfer some portion of your ownership the reason the property is the bank's security that if you don't pay your mortgage the bank can seize your property obviously if you sell or transf

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