Interspousal transfer deed-meaning&implications?- "No consideration for transfer between spouses pursuant to dissolution".Thanks

Asked almost 2 years ago - Belmont, CA

Hello & thanks for reading.
My wife & I are divorcing & agreed she will keep our townhouse.Her attorney prepared ISTD & property description for me to sign/have notorized.I'm Pro per & unclear of implications of the wording-it's different from samples online. "Recording requested by...(her name). When recorded mail to: (her name/address). APN#,No consideration for transfer between spouses pursuant to dissolution Documentary Transfer Tax: 0" "The undersigned grants (wife) as her sole & separate property, all of my right, title, &interest" (in the TH). "It is the intent of undersigned to divest himself of all interest community or otherwise in and to the above described property & vest title in the Grantee as her sole and separate property.

Attorney answers (3)

  1. John Noah Kitta

    Contributor Level 19

    2

    Lawyers agree

    Answered . It’s difficult to give you a very precise answer because the facts are so llimit4d and I don’t know how your intrspousal dials and is related to your division of property and any other related support issues. By and large filing for dissolution proceeding as part of an agreed to settlement in regard to the property you can’t convey your interests to your ex. This is possibly workable but without a lot of additional facts no one is able to give you an 100% rock solid response. For a modest fee you can get the advice of a family law attorney who can look into the particulars of your situation and give you a precise legal opinion.

    This participating Attorney does not warrant any information provided, nor are we creating an Attorney-Client... more
  2. Chi Leung Ip

    Contributor Level 13

    2

    Lawyers agree

    Answered . From the language provided, you are giving away all your interest in the property to your wife as her separate property. Then, the question is what you are getting back in return. Edward C. Ip www.lawyer4property.com

    No attorney / client relationship established. The answr is for discussion and general information only. The... more
  3. Hillary Johns

    Contributor Level 19

    1

    Lawyer agrees

    Answered . I'm sorry that you're divorcing. I agree with counsel that your question is unclear and the fact that there could be other issues in your case which you haven't mentioned which would affect my answer. If you're in the homestretch and negotaitions, there are many lawyers who can represent or advise you as to how to proceed for reasonable fees. It's well worth your time to pay a lawyer to advise you.

    Ms. Johns can be reached at her Woodland Hills and San Diego offices at (866) 402-4038. Her email is hjohns@... more

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