Interspousal Transfer Deed in texas Form 2024

Interspousal Transfer Deed in texas Form: What You Should Know

A). The person(s) who signs the interspousal transfer deed do so of their own free will and are not acting as executors or administrators. If the granter is a minor, he/she may sign as provided by Texas Code, Chapter 524, Statutes of 2003. This is an interspousal transfer and not a change in ownership under Section 63 of the Revenue and Taxation. Code. 536.005(a). There is no consideration for this transfer. This is an interspousal transfer and not a difference in ownership under Section 63 of the Revenue and Taxation. Code. 536.005(a). There is no consideration given or required for the transfer. Code. 536.005(1). There is a transfer fee. There is no fee, not even a nominal portion of the transfer. There is also a deed delivery fee. There is no deed delivery fee. If the granter is a minor, the granter may sign as specified by Texas Code, Chapter 524, Statutes of 2003. If the granter is a minor, the granter sign the interspousal transfer deed as provided by state law. See, Tex. Code Ann. § 5.24.005(2) to (5). The Texas Interspousal Transfer Act (LISA) regulates the transfer, ownership, use, and enjoyment of real property by a person of the opposite sex from the other party to a bona fide interviews marriage between the parties to that marriage. LISA § 524.008(a). The LISA is enacted to preserve, protect, and encourage the continuing institution of marital interspousal relationships that are based on the mutuality of benefits and obligations for all participants. The statute defines the term “other party” to mean an individual to whom the Granter and Grantee are related or a former spouse of the Granter who is related to or included in a group of individuals whose relationship to the Granter includes or is characterized by an affiliation with the Granter. The LISA regulates the acquisition and disposition of real property acquired and owned by a person related to or included in a group of individuals to the Granter or Grantee in a bona fide marriage between the Granter (Granter) or Grantee or the Granter's father or mother (or a deceased Granter's father or mother). LISA § 524.

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