Get the free STATUTORY QUITCLAIM DEED - gis ci mcminnville or

1STATUTORY QUITCLAIM DEED2The City of McMinnville, an Oregon Corporation, Granter, releases and3quitclS:IMS to Wing Louie and LAN The Louie, husband and wife, Grantees, all4right, title and interest

How to fill out statutory quitclaim deed

How to fill out statutory quitclaim deed

1. To fill out a statutory quitclaim deed, follow these steps:
2. Obtain a blank statutory quitclaim deed form from your local county recorder's office or online.
3. Read the instructions on the form carefully to ensure you understand the requirements and legal implications of the deed.
4. Identify the parties involved in the transaction. This typically includes the grantor (person giving up ownership) and the grantee (person receiving ownership).
5. Clearly state the legal description of the property being transferred. This may include the property address, lot numbers, or metes and bounds description.
6. Include any relevant information or conditions of the transfer, such as any liens or encumbrances on the property.
7. Sign the deed in the presence of a notary public and have it notarized.
8. File the completed and notarized statutory quitclaim deed with the appropriate county recorder's office.
9. It is advisable to consult an attorney or real estate professional to ensure the correct and proper completion of a statutory quitclaim deed.

Who needs statutory quitclaim deed?

1. Various individuals or entities may require a statutory quitclaim deed, including:
2. - Property owners who wish to transfer or give up their ownership rights to another party without making any warranties or guarantees about the property.
3. - Family members who inherit property and need to clarify the title or transfer ownership to other family members.
4. - Divorcing spouses who need to transfer ownership of shared property as part of the divorce settlement.
5. - Business partners who are dissolving a partnership and need to distribute property assets.
6. - Lenders or creditors who wish to release their interest in a property.

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What is statutory quitclaim deed?

A statutory quitclaim deed is a legal document used to transfer ownership of real property from one party to another.

Who is required to file statutory quitclaim deed?

The party transferring ownership of the property, known as the grantor, is required to file a statutory quitclaim deed.

How to fill out statutory quitclaim deed?

To fill out a statutory quitclaim deed, you will need to provide information about the property being transferred and the parties involved, then sign and notarize the document.

What is the purpose of statutory quitclaim deed?

The purpose of a statutory quitclaim deed is to legally transfer ownership of real property without making any warranties about the title.

What information must be reported on statutory quitclaim deed?

Information such as a legal description of the property, the names of the parties involved, and any consideration being exchanged must be reported on a statutory quitclaim deed.