Example of a quit claim deed completed full#
Example of a quit claim deed completed free#

However, it’s always best to expect the unexpected – and with that in mind, a Georgia attorney can help make sure this type of legal document serves your needs and if it is the best solution for your property. In these cases where both partners, the grantor as well as the grantee, understand the other’s interest in the property, and the status of the title, a quitclaim can be the easiest method to move ownership. Business partners, family members, and even spouses who are divorcing often use this method for transferring property.Ī quitclaim deed in Georgia can be also used to transfer property from or to a revocable living trust, transfer property one party owns by themselves into co-ownership with someone else, as well as transfer interests from one co-owner to another. Since these deeds offer no security, they are typically conducted for deeds moving between really close individuals.

Example of a quit claim deed completed full#

Information about the value that would be given in exchange for the real estate is also information a quitclaim deed should contain, as well as the full names of grantees and grantors and a comprehensive legal description of the land.Īfter being signed and notarized, a quitclaim deed in Georgia has to be filed in the county where the property is located. One of the witnesses may be an official or the notary who acknowledges the grantor’s execution of the document. 44-5-30), these are the minimum requirements for quitclaim deeds conveying real estate. Quitclaim deeds where one entity wants to transfer property to another have to be in writing, signed by the grantor and two witnesses who can’t be people who are parties to the quitclaim deed. A quitclaim, on the other hand, can be offered even if the grantor has no right to sell the property, which would leave the grantee without recourse.

Example of a quit claim deed completed free#

Generally, a grantor would need to guarantee that the title to the real estate is free and clear without any liens or additional owners who may block the sale, etc. It is a process to stop the grantor’s interest in the property thus, the name “quit claim.”

Basically, it allows the owner of business property (the grantor) to transfer that property to another company or individual and a homeowner to transfer property to a family member with less fuss. Transferring a quitclaim deed is often the fastest and easiest method for one entity to transfer property to another. The Law Office of Paul Black is ready to provide the advice you need to decide how and when to use it. This may include the misspelling of a name, or when a property transfers ownership without money being involved.Īlthough the process is very straightforward, determining whether you qualify, as well as if it is the right method for your situation should be discussed with a qualified estate attorney. It is also used to handle any problems regarding the title of the property. It is typically used in a transaction involving family members. The grantor and the grantee are, therefore, less likely to avoid risks associated with limited to no buyer protection. This legal form is fairly common, and most real estate agents are experienced in dealing with it. A residential or commercial property deed is a written and signed legal document that is utilized to move ownership of real estate from a previous owner (the grantor) to a new owner (the beneficiary or grantee). This legal form conveys only that interest held by the grantor and a title to real estate. Also called a non-warranty deed, a quitclaim is one of the methods for transferring residential or commercial property between family members.