Legal Question in Real Estate Law in California
quit claim deed vs.grant deed
My wife signed quit claim deed to my property when we
bought our house.My name was on title as a married
man and his separate property.Later I had her name
added to title through interspousal transfer (wanted to
avoid probate in case I died) We were married 6 years
and now going thru divorce. My question-does the quit
claim (which was notarized and filed) still protect me. I
understand that she will still get a portion of the equity
but must it be 50%. I appreciate any guidance you could
give me in this matter. Thanks very Much!
4 Answers from Attorneys
Re: quit claim deed vs.grant deed
Which ever deed was recorded last transfers the property. Not the date of signing. But the date of recording is determinative. However, it'll be necessary to trace the source of the funds to buy the house, which appear from your facts to have been your separate property. And then the increase in value is probably community property. This is meant to suppliment the other attorneys' answers.
Re: quit claim deed vs.grant deed
The grant deed that you did is a valid transmutation under California Law. You are now both entitled to 50% ownership. The quitclaim has been superceded by the new interspousal transfer.
Sorry, but she is now entitled to 1/2 the equity.
Re: quit claim deed vs.grant deed
You should discuss the facts of your case with an attorney familar with family law. There must be a written document that states that the property is converted from separate property to community property.
The analysis of your case must start with the purchase of the property. What was the source of the funds used to purchase the property, and to pay the mortgage. Unless the property was purchased with your separate property, it is community property.
As you can see your question is quite complex.
Re: quit claim deed vs.grant deed
The more recent deed, the interspousal transfer, will raise a strong presumption about ownership of the property, i.e. that it is held as stated therein, probably as community property.
If you want to assert an ownership other than as reflected in the interspousal grant deed (and any other papers you and your then wife executed at the time, such as a transmutation agreement or any other formal post-nuptial agreement affecting your property), you will need to present strong proof to the family law court overseeing your dissolution proceeding.
The earlier quitclaim deed loses most of its significance except as a historical record once the later interspousal grant deed is executed and recorded. The later deed has the effect of showing a gift of your separate property to the marital community. At divorce, each spouse ordinarily receives one-half of the net community assets, which apparently now include the house.