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Obtain a deed form. Use the current deed to fill in the property's tax assessor identification number and legal description. Identify the parties. Sign the deed in the presence of a Notary Public. File the deed at the local county courthouse. References (2) Resources (1) About the Author.
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.
The seller makes sure the deed is prepared correctly, and the buyer ensures the deed gets recorded to take final and legal ownership of the home -- even if that's just confirming with the title company or attorney that the deed was recorded.
This is called recording your deed. When done properly, a deed is recorded anywhere from two weeks to three months after closing. However, there are many instances where deeds are not properly recorded. Title agents commit errors, lose deeds, and even go out of business.
You need to identify the granter and grantee in the deed. You need to provide the legal description of the property. You must include words of conveyance, which is language sufficient to show the granter intends to convey (i.e., transfer) the property to the grantee. The granter must sign the deed.
Discuss the terms of the deed with the new owners. Hire a real estate attorney to prepare the deed. Review the deed. Sign the deed in front of a notary public, with witnesses present. File the deed on public record.
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