Unlocking the Secrets of Real Estate Closings in New Hampshire – Who Signs the Deed?
Closing the deal on the sale of your home is exciting, but the process is not as straightforward as you might think, especially in New Hampshire. The key question is, who really needs to sign the Deed? Let's unravel the intricacies. What is a Deed? The Deed is a crucial document that is signed normally at closing by the seller(s) and is what transfers the ownership interest in the property from the seller to the buyer. You might have heard that if your spouse isn't on the deed, they don't need to be at the closing. Well, in New Hampshire, that might not be the case. To understand this, we first need to grasp the difference between Title Interest and Homestead Interest. Title Interest Vs. Homestead Interest Title interest is a legal ownership right, granting the privilege to use and occupy the home. On the other hand, homestead interest is an equitable interest deeply rooted in early law, designed to shield the equity in a primary residence from creditors. ...