A California interspousal transfer deed conveys interest in a property shared by a married couple to just one spouse. This conveyance instrument is commonly used in divorce proceedings, to shelter one spouse from the other’s poor credit should they wish to refinance their home, or to add a spouse to a property’s title. Unlike a quit claim deed, the interspousal transfer deed is usually exempt from property transfer taxes, potentially making it a more advantageous way to convey property between spouses or divorcees.