What is a transfer of equity?

By Forinfos - 06/06/2025 - 0 comments

A transfer of equity is a change of ownership where one of the original owners stays on the deed or title. It is important to note that in a transfer of equity the ownership of the property changes hands without the property being sold.

The primary reasons for a transfer of equity are marriage or divorce. If there is no mortgage on the property then this process is able to be done freely by the person on the deed. If there is a mortgage the equity can only be transferred with the permission of the mortgage lender. This is true whether a name is being added or removed from the deed.

Login to Comment

Comments

Be the first to write a comment for this article.

Related Articles

Is stamp duty payable on a transfer of equity? What is brand equity? What is home equity? What types of equipment do astronomers use? What is private equity? What is an equity release? What is equity financing? What is a private equity firm? What is the difference between gender equality and gender equity? What is the difference between home equity lines of credit and home equity loans?

Trending Articles

How do you find a list of recommended books? Can you rent an action movie from a library? Is Teresa Earnhardt remarried? Does Stephanie Zimbalist have children? How do you audition for a game show? Does the Parade magazine website maintain a database of recipes from old issues? How are personal biographies written? Do you have to read the Alex Cross books in order? Is Roald Dahl's writing descriptive? How do you use TumbleBooks?