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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.
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.
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.
While it is possible for homebuyers to draw up their own trust deed and have it witnessed by a friend, it is not recommended as there is nothing worse than finding out that the document you thought was correct and binding, is in fact not.
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.
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.
Deed Preparation This fee is for drafting the document that conveys the property from the seller to the buyer and states the warranties and rights that the seller is granting the buyer. In most closings, I find that the seller pays this fee, at closing.
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