Create Your Free Quitclaim Deed

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Create Your Free Quitclaim Deed

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  2. Email, download or print instantly
  3. Just takes 5 minutes

Quitclaim Deed

Price Details


Price Details

How much is the property being sold for?
$


Frequently Asked Questions
What if the property is not being sold?In order to be a binding transaction, each party must exchange something of value (aka consideration). If the property is being transferred as a gift or for a nominal amount, then use $10.00 as the sale price.


Your Quitclaim Deed

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Quitclaim Deed

Mail after recording to ____________________________, ____________________________
Tax parcel ID: ___________________
This instrument prepared by __________________________ __________________________
Brief description for the index:
___________________

THIS DEED made this ________ day of ________________, ________, by and between

GRANTOR

___________________, not married, of ___________________

 

GRANTEE

___________________, not married, of ___________________

The collective designations of Grantor and Grantee as used within this document will include said parties, their heirs, successors, and assigns, and shall include singular, plural, masculine, feminine, or neuter as required by context.

IN WITNESS WHEREOF, the said Grantors, for and in consideration of the sum of $10.00 dollars and other consideration to them in hand paid, the receipt of which is hereby acknowledged, have remised and released and by these presents do remise and release, as well as quitclaim, unto the Grantee as the sole tenant, and his heirs and assigns all right, title, claim, and interest of the said Grantors in and to a certain tract or parcel of land lying and being in the County of ___________________, and State of North Carolina, in ___________________ Township, and more particularly described as follows:

________________________________________________________
________________________________________________________
________________________________________________________

The property hereinabove described was acquired by the Grantor by instrument recorded in __________ The property hereinabove described was acquired by the Grantor by instrument recorded. A map showing the above-described property is recorded in Map Book ___________________ at Page ___________________

TO HAVE AND TO HOLD the aforesaid tract or parcel of land and all privileges thereunto belonging to the said Grantee and his heirs and assigns free and discharged from all right, title, claim or interest of the said grantors or anyone claiming by, and through or under them.

IN TESTIMONY WHEREOF, the Grantors have hereunto set their hands and seals the day and year first above written.

Signed in the presence of:

_________________
Signature
_________________
Name

 
 

_________________
___________________

 
 

Grantor Acknowledgement


STATE OF NORTH CAROLINA

COUNTY OF ____________________


I ____________________________, a Notary Public of the aforesaid County and State, certify that ___________________, the Grantor, personally appeared before me this day and acknowledged the execution of the foregoing instrument. Witness my hand and official stamp or seal, this ________ day of ________________, ________.


My commission expires: ____________________

Notary Public ____________________________

Quitclaim Deed

What is a Quitclaim Deed?

A Quitclaim Deed, also known as a non-warranty deed, is used to transfer property interest from one person (grantor) to another (grantee). Quitclaim Deed is sometimes misspelled as "quick claim deed".

A Quitclaim Deed is often used between parties who know each other, such as family members or divorcing couples, as with a Quitclaim Deed there is no warranty to the property title.

What is a property title?

The title of a property refers to all the rights of property ownership, including the owner's ability to transfer or sell interest in the property, such as through a deed.

What can I use a Quitclaim Deed for?

You can use a Quitclaim Deed:

  • To add a spouse's name to a property title
  • To transfer property to a child, sibling, or other family member
  • To transfer property interest to a business partner
  • To remove a spouse's name from a property title after divorce
  • To bequeath property to someone in a Last Will upon death

What is the difference between a Quitclaim Deed and Warranty Deed?

A Warranty Deed is used in most property sales, and makes a guarantee that the grantor owns clear and complete interest in the title and the property is free of all liens.

Alternatively, a Quitclaim Deed does not include the warranty that the grantor owns full rights to the property.

How do I fill out a Quitclaim Deed?

List the Grantor and Grantee(s)

The grantor is the party transferring his or her interest in the property title to another person.

The grantee is the party receiving the interest in the property.

Grantors and grantees can be individuals or corporations.

Determine Consideration

Consideration is the price the grantee pays the grantor for the property interest. Listing an amount for consideration in the document is required to have a valid agreement. Even if the transfer is a gift, a small amount, such as $1-10, is often listed as consideration.

Describe the Property

A legal description of the property needs to be included in the Quitclaim Deed. This can be found on an old deed or at your local County Clerk or Registry Office.

A parcel ID number will also need to be listed on your Quitclaim Deed in some cases. It can be found on past tax statements.

Execute the Deed

To execute the Quitclaim Deed, the grantor needs to sign the deed in front of a notary public. Some states require witnesses to sign the deed in addition to a notary public. Once it has been signed, the Quitclaim Deed is filed in the local County Clerk or Registry Office and sent to the grantee after it has been recorded.

Does a Quitclaim Deed remove me from the mortgage?

Although a Quitclaim Deed removes a person's name from the property title along with removing their ownership rights, it does not eliminate that person's responsibility for the mortgage on the property.

In other words, signing a Quitclaim Deed simply removes your name from the title, it does not absolve you from paying any debts you incurred as an owner of the property.

Related Documents:

  • Warranty Deed: a deed used to transfer property with the guarantee of a clear and good title
  • Survivorship Deed: a deed used by couples to ensure that the surviving spouse receives the remaining interest in a title upon the passing of their significant other
  • Contract for Deed/Land Contract: used to outline the real estate transaction between a buyer and seller in which the seller does not deliver the property title until the buyer has paid the balance in full
  • Gift Deed: a deed used to transfer a gift to another person

Frequently Asked Questions:

Quitclaim Deed FAQ
Sample of LawDepot’s Quitclaim Deed form

Sample

Quitclaim Deed

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