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Deed Community Property  Form

Deed Community Property Form

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Instructions and help about Deed Community Property

did you know that Arizona is one of nine community property States this means that as a married couple all possessions and money are automatically co-owned by both parties simply stated when you're married in Arizona what's mine is yours and what's yours is mine however if you're buying a house and one spouse has a better credit score than the other the bank may ask for a disclaimer deed to be signed a disclaimer deed waives the rights of one spouse to the property ensuring that only the spouse with the Better Credit is included on the mortgage loan in addition to benefiting credit scores disclaimer Deeds also provide Clarity on property ownership in cases where spouses wish to own things separately for instance if a person owned a home before getting married and then sold it they may want to keep the proceeds separate from co-owned assets in this scenario disclaimer D can be used to specify that the proceeds from the sale belong to the individual who ow

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