Tag: Gift Deed
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Transferring Property to Family: What to Know About Gift Deeds
A gift deed signifies a voluntarily title transfer from a “grantor” (the giver) to a “grantee” (recipient). Recipients are often loved ones or charities. A home’s transfer through a gift deed happens without consideration — meaning no money or thing of value is given in return. The deed states that the title is conveyed for…
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If, Why, and How to Donate Real Estate to a Cause
Wondering how to donate a house? Charitable donations can keep supporting your causes long after your lifetime. Gifts of land, homes, or easements make a lasting mark. Of course, there are various reasons for real estate donations. Some donors are less interested in the cause than they are in offloading an investment property, or in…