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This deed document facilitates the transfer of property from a husband and wife (referred to as Grantors) to an individual (referred to as Grantee) for a nominal consideration of ten dollars and other

How to fill out quitclaim deed

How to fill out Quitclaim Deed

1. Begin by obtaining a Quitclaim Deed form from your local county office or an online legal form provider.
2. Fill in the date at the top of the form.
3. Enter the name of the grantor (the person transferring the property) and the grantee (the person receiving the property).
4. Provide a legal description of the property, which can typically be found on the existing deed or property tax assessment.
5. Include the full address of the property being transferred.
6. State the consideration amount (the value exchanged for the property, which can be as little as $1).
7. The grantor must sign the document in the presence of a notary public.
8. The notary public must then complete the acknowledgment section and provide their signature and seal.
9. Finally, file the Quitclaim Deed with the county recorder's office to make the transfer official.

Who needs Quitclaim Deed?

1. Individuals transferring property between family members,
2. People simplifying property transfers in divorce settlements,
3. Anyone releasing interest in a property without warranty,
4. Trustees distributing property to beneficiaries,
5. Buyers who want to clarify their property rights in a short sale.

This form is a Quitclaim Deed where the granters are husband and wife and the grantee is an individual. Granters convey and quitclaim the described property to grantee less and except all oil, gas and minerals, on and under the property owned by Granters, 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 party to another without any warranties or guarantees about the title.

Who is required to file Quitclaim Deed?

Generally, the party transferring the property, known as the grantor, is required to file the Quitclaim Deed with the appropriate local government office.

How to fill out Quitclaim Deed?

To fill out a Quitclaim Deed, include the names of the grantor and grantee, the legal description of the property, the date of transfer, and the grantor's signature, along with a notary's acknowledgment.

What is the purpose of Quitclaim Deed?

The purpose of a Quitclaim Deed is to transfer whatever interest the grantor has in the property to the grantee, without guaranteeing that the title is free of claims or defects.

What information must be reported on Quitclaim Deed?

The information that must be reported on a Quitclaim Deed includes the names of the parties involved, the property description, the date of the transfer, and the signatures of the grantor and notary.