Add Video To Legal Arkansas Warranty Forms For Free

When transferring property, a seller (often called the grantor), writes out a deed, transferring property to the buyer (often called the grantee). The deed is then recorded with the recorder in the county in which the property is located.

An Arkansas warranty deed is a legal document used to transfer ownership of real estate from one party to another in the state of Arkansas. The warranty deed includes a guarantee?called a warranty of title?from the seller (also known as the grantor) to the buyer (also known as the grantee).

A warranty deed makes a promise to the buyer that the seller has good title to the property. A quitclaim deed, on the other hand, makes no promises. A quitclaim deed just says; whatever interest I have in this property, I give to you.

Arkansas deeds are recorded with the county recorder's office for the county where the property is located. The circuit clerk performs the recorder's duties in many Arkansas counties. Recording fees. The county recorder charges $15.00 for a deed's first page and $5.00 for each additional page.

In Arkansas, every legal transfer of real property requires a Real Property Transfer Tax Affidavit form. This form should be completed by the grantee and filed with the instrument (A.C.A. 26-60-107). When real property is conveyed as a gift, no transfer tax is due.

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