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California Court Rules An Interspousal Transfer Deed: What You Should Know

Instructions: Deed form Fill up both boxes and sign (top right). 4. In the event of a joint venture or partnership, the parties sign each party copy of the form. (Joint ventures or partnerships in California are often referred to as “cooperative corporations“.) 5. Fill up the Deed Certificate: Transfer Tax Box. (This form is not required for an in-partnership transfer or an exchange of property for the exchange of property.) 6. If it is a common property deed, the deed form must be signed by the person who owns the property being transferred. 7. Fill up Form G to establish or change joint possession, as described in the instructions. 8. Fill out the Change Of Ownership Box. 9. Fill up the Change of Use Form, for property which may be substantially altered. 10. Fill up the Deed Disclaimer Statement, which is not required by statute if the property is not a mortgage. 11. Fill up the Interparty Test, if the transfer is part of a test joint venture. 12. Fill up the Deed Disclosure Statement, if the property has been acquired as a result of an interparty transfer. 13. The decedent (the person who is being transferred) shall sign the Deed Disclaimer Statement. Instructions: Interspousal Exchange of Property (California) Sign in the Documentary Transfer Tax Box (top right). 2. Granter(s) sign the deed in front of a notary public. 3. Fill out the Preliminary Change of Ownership 4. Fill out the Deed Certificate of Exchange of Property 5. If one party of the in-partnership deed is in the military ‐ that person will sign the Certificate of Exchange of Property 6. A second party of the deed may sign the certificate. (A two-party deed is known as an open-end deed.) 7. Sign the Deed Disclaimer Statement 8. Fill up the Change of Ownership Box. 9. Fill out the Change of Use Form, for property that may be substantially altered. 10. Fill out the Deed Disclaimer Statement, if the property has been acquired as a result of an interparty transfer. 11. Fill out and sign the Change of Name Statement. The signature of the minor is not necessary; the minor will sign the statement of the minor's new address by leaving the original Deed Certificate of Exchange of Property signature blank. 12.

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