10 Quit Claim Deed Template
A quitclaim deed is a legal document used to transfer property from one person the grantor to another person the grantee. A quit claim deed or quitclaim transfers the ownership or rights of property from a grantor current owner to a grantee new owner.
Each state has its own statutory requirements for quitclaim deed forms.
Quit claim deed template. It is often used to transfer property between family members or other parties who know each other. Quitclaim deed and fraudulent real estate transactions form requirements. Quit claim deed forms.
List the names of the grantees and grantor. A quitclaim deed form is a legal instrument that is used by a property owner otherwise called grantor to officially relinquish his ownership of the said piece of property and surrender the same to another party called grantor. This printable quitclaim deed template form also referred to as a quick claim deed or quit claim deed is a document commonly used for transferring title right or claim from one person to another.
In other words it lets someone quit their ownership interest in real estate. Quitclaim forms must meet statutory conditions for content and format. These requirements determine the content or text that is in the deed.
Use this document as an example or template for creating your own file. A quit claim deed template is available online for free and heres how to create one. It is used when the parties are well acquainted with one another such as among family members or close friends.
It is extensively used while transferring property between members of a family. A quitclaim deed can also be used to relinquish co owned property in situations such as divorce. You need to mention the name of the grantor and grantees.
How to create a quit claim deed template. A quitclaim deed is a document stating that a person is giving up their legal interest in a real property such as land or a house. A quit claim deed is a legal document used for transferring ownership in property from one individual to another.
15 free quit claim deed template form word pdf the most important things to understand before buying a property with quit claim deed warranty one of the important documents you have to prepare when you want to buy or sell a property is a quit claim deed. You can utilize the sample quitclaim deed if youre transferring ownership. On the grantor a married individual does enter into this agreement.
The grantor for and in consideration of the sum of dollars andor other good and valuable consideration conveys releases and quitclaims to the following grantee property described by this deed. This type of deed makes no guarantees if there are any other owners other than the grantor. Create a high quality document online now.
This is the first step in creating a quit claim deed. It offers little protection to the person receiving the interest so it is most often used between family members who have already established trust such as gifting a house to a close relative.
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