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Preliminary Change of Ownership Report County of San Luis Form

Preliminary Change of Ownership Report County of San Luis Form

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foreign [Music] ER says hey look we're going to put it in spouse a or spouse B's name because they give us better credit and a better rate and when you do that often they have you sign a document when you're going through the process it's called an inner spousal transfer deed right and that's where one spouse says I forever quit claim release my interest in this property including my community property interest to my spouse the reason why they do this is the bank wants to make sure they have good collateral with their single borrower now I'm not going to get into the family law implications of this because there's a lot in the case of a divorce but what I am going to get into is after that loan closes if one of the parties dies what happens well theoretically a property that's not in The spouse's name is going to be subject to a full probate now over the last six to eight months we've had really good succes

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