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Suggested clip How to Draft a Warranty Deed or Quit Claim Deed — YouTubeYouTubeStart of suggested client of suggested clip How to Draft a Warranty Deed or Quit Claim Deed — YouTube
Fill in your name as granter, the identity of the person or entity you are transferring it to and the real property description. Sign the deed in front of a notary, then give it to the grantee and make sure it gets filed at the appropriate government office for recording deeds.
While there are many reasons to transfer deeds, you'll generally need to do so if someone's name is removed or changed on the property title. To ensure a legal change to the property title, you'll want the services of a real estate attorney.
A description of the property, with its size, boundaries and exact position. The name and identity number of the person or persons who legally own the property. The date when the property was last transferred. If bought from another person, the purchase price.
Although you can prepare such a deed on your own, thanks to the many deed of sale sample letters available out there, it's important to protect yourself by at least having a legal professional review it before you make it official.
Legal Description The seller or the seller's broker will hire an attorney to prepare the real estate deed to ensure that all the requirements in the creation of a valid deed are met before the seller conveys title to the property. All real estate deeds must be in writing.
Although you can prepare such a deed on your own, thanks to the many deed of sale sample letters available out there, it's important to protect yourself by at least having a legal professional review it before you make it official.
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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