Delete Pages From Legal Maine Warranty Forms For Free

§§ 4641-4641-N. The transfer tax is collected on the following two transactions. The rate of tax is $2.20 for each $500 or fractional part of $500 of the value of the property being transferred. The tax is imposed ½ on the grantor, ½ on the grantee.

"Consideration" means the total price or amount paid, or required to be paid, for real property valued in money, whether received in money or otherwise and includes the amount of any mortgages, liens or encumbrances thereon, regardless of whether the underlying indebtedness is assumed by the grantee.

The only way to add or remove a name on a deed is to have a new deed recorded. Once a document is recorded, it cannot be altered. In order to protect your legal interests, we strongly suggest that you contact an attorney to have this done for you.

File a complaint with your local consumer protection office. Notify the Better Business Bureau (BBB) in your area about your problem. The BBB tries to resolve complaints against companies. If you think you may have experienced a scam, report it to the FTC.

Three of the most popular deed forms for transferring real estate during the owner's life are warranty deeds, quitclaim deeds with covenant, and quitclaim deeds without covenant. The principal distinction between the three forms is the warranty of title each offers.

With a warranty deed, the seller is providing to the buyer a guarantee that the seller owns the property, that there are no other rights to any part of the property other than what is disclosed, and that the seller has the legal authority to sell the property.