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The Quit Claim Deed form uses the terms of Grantor (Seller or Owner of said property) and Grantee (Buyer of said property) for the two parties involved. First, the parties must fill in the date. Then, write in the name of the county and state in which the property is located.
Write the Deed Fill out the quit claim deed form, which can be obtained online, or write your own using the form as a guide. The person giving up the interest in the property is the grantor, and the person receiving the interest is the grantee.
Whether you are the grantor or the grantee, it is a good idea to speak with an attorney before conveying property with a quitclaim deed. If you prepare a quitclaim deed without the assistance of a real estate attorney, there may be problems with the deed's effectiveness.
A quitclaim might also be used to clear a title problem or remove a name from title. These changes are often part of a larger transaction, such as a sale or divorce. An attorney or title company participating in the transaction can prepare the quitclaim deed.
Quitclaim deeds are most often used to transfer property between family members. Examples include when an owner gets married and wants to add a spouse's name to the title or deed, or when the owners divorce and one spouse's name is removed from the title or deed.
Research quit claim deed requirements in your area. The specific process and requirements vary from state to state, so check with an attorney or look up state-specific requirements online. Obtain the proper form. Get a legal description of your property. Fill out the form. File the form with the county.
A quit claim deed transfers the legal ownership of the property from one party to another, and doesn't require attorneys or legal help, unless you choose to consult an attorney.
Rates vary by state and law office but typically fall in the range of $200 to $400 per hour. Title companies routinely prepare quitclaim deeds in many states. Fees for title companies vary, but a market scan shows an average of $100 to $200 for a simple quitclaim deed.
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