Real Estate Add Wife Document

REAL ESTATE ADD WIFE DOCUMENT

This instrument is made and entered into as of by and between Grantor Name: and Grantee (Wife) Name: .

Parties and Contact Information

Property Identification

Conveyance and Consideration

For good and valuable consideration in the amount of $ (receipt of which is acknowledged), Grantor hereby conveys, grants and quitclaims all right, title and interest in the described property to Grantee and Grantor, to hold as:

Joint tenants with right of survivorship    Tenants in common    Tenants by the entirety

Grantor elects to add Grantee as a co-owner as indicated above. Grantor makes the conveyance subject to the matters of record and the exceptions set forth below.

Representations, Warranties and Covenants

Grantor represents and warrants that Grantor is the lawful owner of the property and has full authority to convey the interest described herein, subject to recorded encumbrances disclosed above. Grantor further warrants that no conveyance will be made in violation of any applicable lien, covenant, or agreement except as expressly disclosed.

Grantee acknowledges that Grantee has been afforded the opportunity to inspect title matters and that Grantee accepts the title subject to the recorded exceptions. The parties agree that this instrument effectuates an addition of Grantee to title and does not, by itself, satisfy any mortgagee consent requirements or release any existing obligation unless expressly stated in a recorded instrument.

Disclosures

Homestead Affidavit in effect: Yes

Community Property or Marital Interest asserted: Yes

Lender or mortgagee consent required prior to recordation: Yes

Recording and Tax Matters

The parties acknowledge that this instrument is intended for recordation in the county where the property is located. Any transfer taxes or recording fees arising from the recordation of this instrument shall be paid by:

The parties understand that adding a party to title may have federal, state, or local tax consequences. The parties acknowledge they have been advised to seek independent tax advice prior to executing this instrument.

Default, Indemnity and Remedies

If any party breaches the obligations set forth herein, the non-breaching party is entitled to seek all remedies at law or in equity, including specific performance, damages and reasonable attorneys' fees. Each party agrees to indemnify and hold the other harmless from claims arising from their own breach, willful misconduct or fraudulent misrepresentation in connection with this instrument.

Governing Law; Entire Agreement

This instrument shall be governed by and construed in accordance with the laws of the state in which the property is situated. This document constitutes the entire agreement among the parties with respect to the subject matter hereof and supersedes all prior agreements, understandings and negotiations, whether written or oral.

Acknowledgment and Notary

The parties acknowledge that they have read this instrument, understand its terms, and execute it voluntarily. The signature of each party below is to be acknowledged before a notary public as required by law for recordation.

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