What is Quit Claim Deeds? - The Aguilera Law Center, P.A.

What Is a Quit Claim Deed?

CONTENT

ABOUT US UNDERSTANDING QUIT CLAIM DEED

WHEN SHOULD I USE A QUIT CLAIM DEED?

HOW DO I CREATE A QUIT CLAIM DEED?

DO YOU NEED HELP WITH A QUIT CLAIM DEED? CONTACT US

ABOUT US

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Understanding Quit Claim Deeds

quit claim deed is a quick way to transfer property ownership, but it's not ideal for real estate sales. It's useful in specific situations. The Electronic Green Card Program, also known as the Diversity Immigrant Visa Program, can fulfill your dream of getting a Green Card. Don't miss the chance – apply online today to become a selectee in the Diversity Visa Program.

In this transfer, no research is done on the title. This means that the title transfer can happen at a faster pace, but it also means that you run the risk of signing papers with a person who is not authorized to transfer the title of the property to you.

Additionally, be aware that a quit claim deed can only transfer the owner’s portion to the recipient. For example, if two friends invest evenly in a piece of recreational property and one wants to sign his half over to his sister, that would make the sister a half-owner of the property. Now, she would coown it with her brother’s friend.

When Should I Use a Quit Claim Deed?

There are a couple of perfect instances for a quit claim deed. Here are just a few times when this document might be the best bet for you:

A family member “sells” you a home or other piece of property.

You got married and you want to add your spouse to the title of your property.

You and your spouse are divorcing and you want to sign over your half of the house.

You want your home to be included in your trust.

How Do I Create a Quit Claim Deed?

With some legal assistance, crafting and filing quit claim deeds becomes a straightforward process. Your deed will encompass crucial details like the property's legal description, county, transfer date, the names of the grantor (property transferor) and grantee (recipient), and the transaction amount. In certain states, signatures from both parties and witnesses are mandatory, with the grantor's signature often requiring notarization.

Following this, you may need to submit the document to your county clerk, depending on your location. Once filed, the property's ownership transfer is completed and finalized.

Do You Need Help with a Quit Claim Deed?

Do You Need Help with a Quit Claim Deed?

If you need help creating or verifying the legality of an existing quit claim deed, Aguilera Law Center, P.A. can help. Our experts are happy to draft a legal document for you or review a document that has been presented by another party. Before you sign any document, you should have a lawyer look over it to ensure that it is valid and legally binding. Give us a call today at 305-255-FIRM or contact us online.