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This document serves as a legal instrument whereby a corporation conveys property to two individuals as joint tenants with rights of survivorship, outlining the consideration, description of the property,

How to fill out quitclaim deed

How to fill out Quitclaim Deed

1. Start by obtaining a Quitclaim Deed form from a reliable legal resource or your local county office.
2. Fill in the name of the person granting the property (the grantor) at the top of the form.
3. Enter the name of the person receiving the property (the grantee) in the appropriate section.
4. Provide a legal description of the property being transferred. This can typically be found on the current property's deed.
5. Indicate the date of the transfer.
6. Ensure the deed is signed by the grantor in front of a notary public.
7. Have the notary public complete their section on the deed, verifying the signer's identity and the signing process.
8. Make copies of the completed and signed Quitclaim Deed for your records.
9. File the original Quitclaim Deed with the county recorder's office to finalize the property transfer.

Who needs Quitclaim Deed?

1. Individuals transferring property to a family member or friend.
2. People resolving ownership disputes.
3. New owners seeking to clarify their titles in a straightforward manner.
4. Real estate professionals dealing with estate sales or divorces.

This Quitclaim Deed from Corporation to Two Individuals form is a Quitclaim Deed where the Granter is a corporation and the Grantees are two individuals. Granter conveys and quitclaims the described property to Grantees less and except all oil, gas and minerals, on and under the property owned by Granter, if any, which are reserved by Granter. This deed complies with all state statutory laws.

People Also Ask about

What are the disadvantages of a quit claim deed?

The bottom line: Understanding quitclaim deeds However, because quitclaim deeds don't guarantee the title is free and clear, they aren't suitable for typical real estate transactions. In short, quitclaim deeds are for transferring property – not buying a home.

What is the meaning of quitclaim?

Generally, a quitclaim is a formal renunciation of a legal claim against some other person, or of a right to land. A person who quitclaims renounces or relinquishes a claim to some legal right, or transfers a legal interest in land.

What is a quitclaim deed in simple terms?

What does a quitclaim deed do? A quitclaim deed transfers the title of a property from one person to another, with little to no buyer protection. The grantor, the person giving away the property, gives their current deed to the grantee, the person receiving the property.

Why would someone use a quitclaim deed?

A quitclaim deed is a simple tool for transferring interest in a property without guaranteeing that the grantor has valid ownership. It's most commonly used in non-sale situations, such as transfers between family members, or to update or clarify ownership titles.

What does quitclaim mean in English?

quitclaim in American English 1. the release or relinquishment of a claim, action, right, or title. 2. a deed or other legal paper in which a person relinquishes to another a claim or title to some property or right without guaranteeing or warranting such title.

For pdfFiller’s FAQs

What is Quitclaim Deed?

A Quitclaim Deed is a legal document used to transfer ownership of real estate from one person to another, without any guarantees on the title.

Who is required to file Quitclaim Deed?

The individual or entity transferring their interest in a property, known as the grantor, is required to file a Quitclaim Deed.

How to fill out Quitclaim Deed?

To fill out a Quitclaim Deed, you must include the names of the grantor and grantee, the property description, the date of transfer, and the grantor's signature.

What is the purpose of Quitclaim Deed?

The purpose of a Quitclaim Deed is to relinquish any claim or interest in a property, often used among family members or in divorce settlements.

What information must be reported on Quitclaim Deed?

The Quitclaim Deed must report the names and addresses of the grantor and grantee, a legal description of the property, the date of the transfer, and the signature of the grantor.