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This document represents a Quit Claim Deed executed by the City of Grand Rapids, transferring real property to the Grand Rapids Economic Development Authority. The transfer indicates a consideration of $3000 or less, with specific details regarding property description, seller certifications, and acknowledgment by city officials.

How to fill out quit claim deed

How to fill out quit claim deed

1. Obtain a quit claim deed form from a legal stationery store or online.
2. Fill in the names of the grantor (person giving up their rights) and grantee (person receiving the rights).
3. Provide a clear legal description of the property, including the address and parcel number.
4. Specify the consideration, or the amount paid for the transfer, if applicable.
5. Include the date of the transfer.
6. Sign the document in front of a notary public to ensure it is legally binding.
7. File the quit claim deed with the appropriate county clerk or recorder's office.

Who needs quit claim deed?

1. Individuals transferring property to a family member or friend without an exchange of money.
2. Those clearing up title issues or correcting the deed.
3. People who are co-owners and wish to add or remove co-ownership rights.
4. Anyone who wants to convey property as part of an estate plan.

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What is quit claim deed?

A quit claim deed is a legal document that allows a person to transfer their interest in a property to another person, without making any guarantees about the title or ownership rights.

Who is required to file quit claim deed?

The property owner who is transferring their interest in the property is required to file a quit claim deed.

How to fill out quit claim deed?

To fill out a quit claim deed, you need to include the names of the grantor (seller) and grantee (buyer), a description of the property, the county where the property is located, and the date of transfer. It should also be signed and notarized.

What is the purpose of quit claim deed?

The purpose of a quit claim deed is to transfer ownership interest in a property quickly and without warranties, often used between family members or in divorce settlements.

What information must be reported on quit claim deed?

The information that must be reported includes the names of the parties involved, the legal description of the property, the consideration (amount paid if applicable), and signatures of the parties.