Can spouse be on deed but not mortgage?

Can spouse be on deed but not mortgage?

If you live in a common-law state, you can keep your spouse’s name off the title – the document that says who owns the property. You can put your spouse on the title without putting them on the mortgage; this would mean that they share ownership of the home but aren’t legally responsible for making mortgage payments.

What’s the difference between a title and a deed?

The Difference Between A Title And A Deed A deed is an official written document declaring a person’s legal ownership of a property, while a title refers to the concept of ownership rights. A deed, on the other hand, can (and must!) be in your physical possession after you purchase property.

Can you sell a house without the deeds?

A: No, as the grant of probate doesn’t prove that your mother owned the property. If the property is registered, you needn’t worry about the lost house deeds as the Land Registry will hold official copies of all the documents that you would require to sell the property.

What happens if I can’t find the deeds to my house?

It is possible to carry out a search at the Land Registry, to locate your property and title number. An Official Copy of the register is the equivalent of a ‘title deed’ and so it will not matter if you lose this, a further copy can always be obtained from Land Registry, again for a small fee.

What if original sale deed is lost?

The owner has to make an undertaking on stamp paper, to be submitted at the registrar’s office, with details of the property, lost documents, copy of FIR and copy of the newspaper notice. The undertaking must be registered, attested and notarised. Some states/cities allow FIR to be lodged online for certain complaints.

Can property be sold without original sale deed?

A property cannot be registered if the seller does not possess the sale deed thereof. No other deed or displaying of the name in the encumbrance certificate can take the place of the sale deed.

What do you do if you lose your property documents?

The first step is to visit the nearest police station and file a first information report (FIR). The FIR needs to mention that the papers are lost. A copy of the FIR should be taken by the owner and preserved for future reference.

Is sale deed valid if not registered?

Sale Deed is invalid if not registered. But on the basis of long peaceful possession, ownership in the property is valid. In your case, it is evasion of stamp duty. If any time question will arise, to get it registered, you have to pay the stamp duty on present value.

Can a property be sold with photocopy?

It is advisable not to give photocopies of the property documents (such as sale deed) to outsiders such as brokers. Your brother can show the copies or the originals of the documents to the brokers, if they so insist for their satisfaction about you being the owner of the property.