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How to fill out grant deed vs quitclaim

How to fill out grant deed vs quitclaim

1. To fill out a grant deed:
2. Obtain the correct grant deed form from your local county recorder's office or website.
3. Fill in the current date and the names of the grantor (person transferring the property) and the grantee (person receiving the property).
4. Provide a legal description of the property being transferred, usually found on the property's existing deed or in the property's title report.
5. Specify any relevant exceptions or reservations, such as easements or mineral rights, that may affect the transferred property.
6. Have the grantor sign the deed in the presence of a notary public or other authorized official.
7. Submit the completed and signed grant deed to the county recorder's office for recording. Pay any applicable fees.
8. To fill out a quitclaim deed:
9. Obtain the correct quitclaim deed form from your local county recorder's office or website.
10. Fill in the current date and the names of the grantor (person giving up any claim to a property) and the grantee (person receiving any claim to the property).
11. Provide a legal description of the property being transferred, usually found on the property's existing deed or in the property's title report.
12. Have the grantor sign the deed in the presence of a notary public or other authorized official.
13. Submit the completed and signed quitclaim deed to the county recorder's office for recording. Pay any applicable fees.

Who needs grant deed vs quitclaim?

1. A grant deed is typically used in real estate transactions where the grantor wants to transfer ownership of the property to a grantee and warrant that they have clear title to the property. This means that the grantor guarantees that they have the right to transfer the property and that there are no undisclosed claims against the property.
2. A quitclaim deed, on the other hand, is often used when the grantor wants to transfer any claim they may have to a property to the grantee. This type of deed makes no guarantees about the grantor's ownership rights or any potential claims against the property. It is commonly used in situations such as transferring property between family members or clarifying ownership interests.

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