<html><head><meta http-equiv="content-type" content="text/html; charset=utf-8"></head><body dir="auto"><div>Not having done one of these myself before, I am wondering whether this type of transfer would violate any terms of existing loan documents (if the property is subject to a traditional mortgage)? Perhaps married couples are exempt due to community property laws, but I would love feedback from someone who knows. Sharing in the title without directly becoming responsible to the lender may contradict terms of the loan. I know that in other contexts, any kind of transfer of full or even partial property rights will often trigger the due on sale clause due to being a violation of the loan terms. <br><br>Thoughts? </div><div><br>Sent from a mobile device - please excuse typos. </div><div><br>On Jun 18, 2015, at 12:13 PM, Vashonlaw <<a href="mailto:vashonlaw@aol.com">vashonlaw@aol.com</a>> wrote:<br><br></div><blockquote type="cite"><div><font color="black" size="3" face="Arial, Helvetica, sans-serif">
<div><font style="background-color: transparent;">Given recent cases. I would have them both sign a community property agreement and record it. Then I would have him sign a deed from him to him and her, husband and wife, and put as consideration "to create community property." Then I would have her accept the deed, on the face of the deed, and the status of the property as community property. </font></div>
<div><font style="background-color: transparent;"></font> </div>
<div><font style="background-color: transparent;">This is if you are really serious about them holding the property as community property and acquiring the benefits attached to that.</font></div>
<div> </div>
<div style="clear: both;">Margaret L. Koch <br>
Smith and Koch <br>
PO Box O <br>
Vashon, WA 98070 <br>
206-463-9491 <br>
206-463-3405 (fax) <br>
<a href="mailto:vashonlaw@aol.com">vashonlaw@aol.com</a> <br>
<br>
Any U.S. tax advice contained in this communication (including attachments) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code, or (ii) promoting, marketing or recommending to another party any plan or arrangement addressed in this email. <br>
<br>
CONFIDENTIALITY: This message is intended to be confidential and directed as addressed above. The contents of this message and any attachments may be subject to the attorney-client privilege and/or work product doctrine and may not be disclosed in any way. If you have received this message by error, please inform us by replying to the above email address and then delete any copies from your hard drive and mail server.</div>
<div> </div>
<div> </div>
<div style="color: black; font-family: arial,helvetica; font-size: 10pt;">-----Original Message-----<br>
From: Rob Rowley <<a href="mailto:rob@rowleylegal.com">rob@rowleylegal.com</a>><br>
To: WSBA Probate & Trust Listserv <<a href="mailto:wsbapt@lists.wsbarppt.com">wsbapt@lists.wsbarppt.com</a>><br>
Sent: Thu, Jun 18, 2015 10:03 am<br>
Subject: Re: [WSBAPT] title question<br>
<br>
<div id="AOLMsgPart_1.1.2_4bc96c3a-48d9-4cbe-bd01-2788b34ef704">
<style scoped="">#AOLMsgPart_1.1.2_4bc96c3a-48d9-4cbe-bd01-2788b34ef704 td{color: black;} @font-face {font-family:"Cambria Math"; panose-1:2 4 5 3 5 4 6 3 2 4;} @font-face {font-family:Calibri; panose-1:2 15 5 2 2 2 4 3 2 4;} @font-face {font-family:Verdana; panose-1:2 11 6 4 3 5 4 4 2 4;} .aolReplacedBody p.MsoNormal,.aolReplacedBody li.MsoNormal,.aolReplacedBody div.MsoNormal {margin:0in; margin-bottom:.0001pt; font-size:11.0pt; font-family:"Calibri","sans-serif";} .aolReplacedBody a:link,.aolReplacedBody span.MsoHyperlink {mso-style-priority:99; color:blue; text-decoration:underline;} .aolReplacedBody a:visited,.aolReplacedBody span.MsoHyperlinkFollowed {mso-style-priority:99; color:purple; text-decoration:underline;} .aolReplacedBody span.EmailStyle17 {mso-style-type:personal; font-family:"Calibri","sans-serif"; color:windowtext;} .aolReplacedBody span.EmailStyle18 {mso-style-type:personal; font-family:"Times New Roman","serif"; color:#44546A; font-weight:normal; font-style:normal; text-decoration:none none;} .aolReplacedBody span.EmailStyle19 {mso-style-type:personal-compose; font-family:"Times New Roman","serif"; color:windowtext; font-weight:normal; font-style:normal; text-decoration:none none;} .aolReplacedBody .MsoChpDefault {mso-style-type:export-only; font-size:10.0pt;} @page WordSection1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in;} .aolReplacedBody div.WordSection1 {page:WordSection1;}</style>
<div class="aolReplacedBody" lang="EN-US">
<div class="WordSection1">
<div class="MsoNormal"><span style="color: rgb(68, 84, 106); font-family: "Times New Roman","serif";">Setting aside the community property aspects-by having her on title then grants her standing if she should ever seek foreclosure mediation.</span></div>
<div class="MsoNormal"><span style="color: rgb(68, 84, 106); font-family: "Times New Roman","serif";"> </span></div>
<div>
<div class="MsoNormal"><span style="color: rgb(68, 84, 106);"> </span></div>
<div class="MsoNormal"><span style="color: rgb(68, 84, 106);">Please note that effective May 15, 2015, my new address is 7 South Howard St., Suite 218, Spokane, WA 99201. All other contact information remains the same.</span></div>
<div class="MsoNormal" style="line-height: 12pt;"><b><span style="color: rgb(68, 84, 106); font-family: "Times New Roman","serif"; font-size: 10pt;"> </span></b></div>
<div class="MsoNormal" style="line-height: 12pt;"><img width="86" height="130" align="left" src="cid:image008.jpg@01D0A9AD.A6917010" hspace="12"><b><span style="color: rgb(68, 84, 106); font-family: "Times New Roman","serif"; font-size: 10pt;">Robert R. Rowley</span></b><span style="color: rgb(68, 84, 106); font-family: "Times New Roman","serif"; font-size: 10pt;"> | Attorney at Law</span></div>
<div class="MsoNormal" style="line-height: 12pt;"><span style="color: rgb(68, 84, 106); font-family: "Times New Roman","serif"; font-size: 10pt;">7 S. Howard St, Suite 218</span></div>
<div class="MsoNormal" style="line-height: 12pt;"><span style="color: rgb(68, 84, 106); font-family: "Times New Roman","serif"; font-size: 10pt;">Spokane, WA 99201</span></div>
<div class="MsoNormal" style="line-height: 12pt;"><span style="color: rgb(68, 84, 106); font-family: "Times New Roman","serif"; font-size: 10pt;">Telephone: (509) 252-5074</span></div>
<div class="MsoNormal" style="line-height: 12pt;"><span style="color: rgb(68, 84, 106); font-family: "Times New Roman","serif"; font-size: 10pt;">Mobile: (509) 994-1143</span></div>
<div class="MsoNormal" style="line-height: 12pt;"><span style="color: rgb(68, 84, 106); font-family: "Times New Roman","serif"; font-size: 10pt;">Facsimile: (509) 928-3084</span></div>
<div class="MsoNormal" style="line-height: 12pt;"><span style="color: rgb(68, 84, 106); font-family: "Times New Roman","serif"; font-size: 10pt;">Email: </span><span style="color: rgb(68, 84, 106);"><a href="mailto:rob@rowleylegal.com" target="_blank"><span style="font-family: "Times New Roman","serif"; font-size: 10pt;"></span></a><a href="mailto:rob@rowleylegal.com">rob@rowleylegal.com</a></span><span style="color: rgb(68, 84, 106); font-family: "Times New Roman","serif"; font-size: 10pt;"></span></div>
<div class="MsoNormal"><span style="color: rgb(68, 84, 106); font-family: "Times New Roman","serif"; font-size: 10pt;">Web Site: </span><span style="color: rgb(68, 84, 106);"><a href="http://www.rowleylegal.com/" target="_blank"><span style="font-family: "Times New Roman","serif"; font-size: 10pt;"></span></a><a href="http://www.rowleylegal.com" target="_blank">www.rowleylegal.com</a></span><span style="color: rgb(68, 84, 106); font-family: "Times New Roman","serif"; font-size: 10pt;"></span></div>
<div class="MsoNormal"><span style="color: rgb(68, 84, 106); font-family: "Times New Roman","serif"; font-size: 10pt;"> </span></div>
<div class="MsoNormal"><span style="color: rgb(68, 84, 106); font-family: "Times New Roman","serif"; font-size: 10pt;">Practice concentrated on business, real estate and general legal matters in Washington and Idaho.</span></div>
<div class="MsoNormal"><span style="color: rgb(68, 84, 106); font-family: "Times New Roman","serif"; font-size: 10pt;"> </span></div>
<div class="MsoNormal"><a href="https://www.facebook.com/rowleylegal" target="_blank"><span style="color: rgb(68, 84, 106); font-family: "Times New Roman","serif"; font-size: 10pt; text-decoration: none;"><img width="24" height="24" id="Picture_x0020_2" src="cid:image003.gif@01D0A9AD.A686E8C0" border="0"></span></a><a href="https://www.linkedin.com/pub/rob-rowley/11/172/b20" target="_blank"><span style="color: rgb(68, 84, 106); font-family: "Times New Roman","serif"; font-size: 10pt; text-decoration: none;"><img width="24" height="24" id="Picture_x0020_3" src="cid:image004.gif@01D0A9AD.A686E8C0" border="0"></span></a><a href="https://twitter.com/ROBERTRROWLEY" target="_blank"><span style="color: rgb(68, 84, 106); font-family: "Times New Roman","serif"; font-size: 10pt; text-decoration: none;"><img width="24" height="24" id="Picture_x0020_4" src="cid:image005.gif@01D0A9AD.A686E8C0" border="0"></span></a><a href="http://www.yelp.com/biz/robert-r-rowley-spokane" target="_blank"><span style="color: rgb(68, 84, 106); font-family: "Times New Roman","serif"; font-size: 10pt; text-decoration: none;"><img width="43" height="21" id="Picture_x0020_5" src="cid:image009.jpg@01D0A9AD.A6917010" border="0"></span></a><span style="color: rgb(68, 84, 106); font-family: "Times New Roman","serif"; font-size: 10pt;"></span></div>
<div class="MsoNormal"><span style="color: rgb(68, 84, 106); font-family: "Times New Roman","serif"; font-size: 10pt;"> </span></div>
<div class="MsoNormal"><span style="color: rgb(68, 84, 106); font-family: "Times New Roman","serif"; font-size: 10pt;">NOTICE: The contents of this message and any attachments may be protected by the attorney-client privilege, work product doctrine or other applicable protections. If you are not the intended recipient or have received this message in error, please notify the sender and promptly delete the message. Thank you for your assistance.</span></div>
<div class="MsoNormal" style="background: white;"><span style="color: rgb(34, 34, 34); font-family: "Times New Roman","serif"; font-size: 10pt;">DISCLAIMER: You should recognize that responses provided by e-mail means are akin to ordinary telephone or face-to-face conversations and do not reflect the level of factual or legal inquiry or analysis which would be applied in the case of a formal legal opinion. A formal opinion may very well reach a different conclusion.</span></div>
</div>
<div class="MsoNormal"><span style="color: rgb(68, 84, 106); font-family: "Times New Roman","serif";"> </span></div>
<div>
<div style="border-width: 1pt medium medium; border-style: solid none none; border-color: rgb(225, 225, 225) currentColor currentColor; padding: 3pt 0in 0in;">
<div class="MsoNormal"><b>From:</b> <a href="mailto:wsbapt-bounces@lists.wsbarppt.com" target="_blank">wsbapt-bounces@lists.wsbarppt.com</a> [mailto:<a href="mailto:wsbapt-bounces@lists.wsbarppt.com" target="_blank">wsbapt-bounces@lists.wsbarppt.com</a>] <b>On Behalf Of </b>Sharon Rutberg<br>
<b>Sent:</b> Thursday, June 18, 2015 9:36 AM<br>
<b>To:</b> <a href="mailto:wsbapt@lists.wsbarppt.com" target="_blank">wsbapt@lists.wsbarppt.com</a><br>
<b>Subject:</b> [WSBAPT] title question</div>
</div>
</div>
<div class="MsoNormal"> </div>
<div class="MsoNormal">Hello, Listmates –</div>
<div class="MsoNormal"> </div>
<div class="MsoNormal">Clients are a married couple. He purchased the house they live in before they married and only his name is on the title. She helps pay the mortgage. They wish to have it treated as community property. </div>
<div class="MsoNormal"> </div>
<div class="MsoNormal">We are doing a simple Community Property Agreement stating that the house is their community property (as well as clarifying the status of some other property). Do you see any compelling reason also to create a new deed naming them both as owners? I suppose he would quitclaim to the two of them as a married couple. </div>
<div class="MsoNormal"> </div>
<div class="MsoNormal">As always, thanks for your wise guidance.</div>
<div class="MsoNormal"> </div>
<div class="MsoNormal">Sharon</div>
<div class="MsoNormal"> </div>
<div class="MsoNormal"><span style="color: black; font-family: "Verdana","sans-serif"; font-size: 9pt;">Sharon C. Rutberg</span></div>
<div class="MsoNormal"><span style="color: black; font-family: "Verdana","sans-serif"; font-size: 9pt;">Attorney at Law</span></div>
<div class="MsoNormal"><span style="color: black; font-family: "Verdana","sans-serif"; font-size: 9pt;">1718 NW 56<sup>th</sup> Street, Suite 304</span></div>
<div class="MsoNormal"><span style="color: black; font-family: "Verdana","sans-serif"; font-size: 9pt;">Seattle, WA 98107</span></div>
<div class="MsoNormal"><span style="color: black; font-family: "Verdana","sans-serif"; font-size: 9pt;">Website: <a href="http://www.sharonrutberglaw.com" target="_blank">www.sharonrutberglaw.com</a> </span></div>
<div class="MsoNormal"><span style="color: black; font-family: "Verdana","sans-serif"; font-size: 9pt;">206-409-2604</span></div>
<div class="MsoNormal"><span style="color: black; font-family: "Verdana","sans-serif"; font-size: 9pt;"><a href="mailto:email@sharonrutberglaw.com" target="_blank">email@sharonrutberglaw.com</a></span></div>
<div class="MsoNormal"><span style="color: black; font-family: "Verdana","sans-serif"; font-size: 9pt;">Washington State Bar #47055<br>
D.C. Bar #420576<br>
<br>
NOTICES<br>
The contents of this message and any attachments may be protected by the attorney-client privilege, work product doctrine, and/or other applicable protections. If you are not the intended recipient or have received this message in error, please notify the sender and promptly delete the message. Thank you for your assistance.</span></div>
<div class="MsoNormal"><span style="color: black; font-family: "Verdana","sans-serif"; font-size: 9pt;"> </span></div>
<div class="MsoNormal" style="background: white; margin-bottom: 16.2pt;"><span style="font-family: "Verdana","sans-serif"; font-size: 9pt;">IRS Circular 230 Disclaimer: To ensure compliance with requirements imposed by the IRS, we inform you that to the extent this communication contains advice relating to a Federal tax issue, it is not intended or written to be used, and it may not be used, for (i) the purpose of avoiding any penalties that may be imposed on you or any other person or entity under the Internal Revenue Code or (ii) promoting or marketing to another party any transaction or matter addressed herein.</span></div>
<div class="MsoNormal"> </div>
</div>
</div>
</div>
<div id="AOLMsgPart_2_1caa6c28-42b3-446a-b022-81033d211abe" style="margin: 0px; color: rgb(0, 0, 0); font-family: Tahoma, Verdana, Arial, Sans-Serif; font-size: 12px; background-color: rgb(255, 255, 255);">
<pre style="font-size: 9pt;"><tt>_______________________________________________
WSBAPT mailing
list
<a href="mailto:WSBAPT@lists.wsbarppt.com">WSBAPT@lists.wsbarppt.com</a>
<a href="http://mailman.fsr.com/mailman/listinfo/wsbapt" target="_blank">http://mailman.fsr.com/mailman/listinfo/wsbapt</a></tt></pre>
</div>
<!-- end of AOLMsgPart_2_1caa6c28-42b3-446a-b022-81033d211abe -->
<br>
</div>
</font></div></blockquote><blockquote type="cite"><div><span>_______________________________________________</span><br><span>WSBAPT mailing list</span><br><span><a href="mailto:WSBAPT@lists.wsbarppt.com">WSBAPT@lists.wsbarppt.com</a></span><br><span><a href="http://mailman.fsr.com/mailman/listinfo/wsbapt">http://mailman.fsr.com/mailman/listinfo/wsbapt</a></span></div></blockquote></body></html>