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List the names of the parties involved. Write, for example, [Granter's Name and address], as Granter, conveys to [Grantee's Name and address], as Grantee, the property described below by [list the type of deed]. Describe the land. Use the land's street address, plot number, and the metes and bounds of the land.
Get a Deed Form or Prepare Your Own You can buy a state-specific TOD deed form for your state at www.Nolo.com or type up your own document. Start at www.nolo.com/legal-research/state-law.html. You must also format the deed so that it will be acceptable for recording in the local land records office.
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.
The Quit Claim Deed form uses the terms of Granter (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.
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.
The quit claim deed can only be executed by the granter or owner of the property. Depending on your role in the real estate transaction you are either the granter current owner of the property or grantee, future buyer or owner of the property.
Research quit claim deed requirements in your area. Obtain the proper form. Get a legal description of your property. Fill out the form. File the form with the county.
The quitclaim deed only transfers the type of title you own. Deed transfers of any kind (warranty or quitclaim) impact only the ownership (title) and do not change or affect any mortgage on the property. The mortgage is a separate document.
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