Draw On Legal West Virginia Real Estate Forms For Free

West Virginia has legalized TOD deeds by enacting the WV Real Property Transfer on Death Act. Previously, a property owner would most likely have named a beneficiary by creating a life estate with a remainder interest, a more complicated option usually involving a property lawyer.

Declaration of Consideration of Value (This is the monetary amount for which the property is sold. If the property is being transferred without monetary value, it must state in the declaration paragraph 'why' it is exempt from transfer tax.)

Most people who sell by owner will need to hire an attorney to review and prepare key documents along the way and make sure paperwork is filled out properly, such as the seller's disclosures. We'll address what disclosures are required when selling a house in West Virginia later in this post.

The current owner transferring property must sign a West Virginia deed. The county clerk cannot record an unsigned deed. An agent acting under power of attorney can sign a deed on the owner's behalf if the owner has signed a power-of-attorney agreement giving the agent authority. Notarization.

Yes, home sellers can sell their houses house without a Realtor in West Virginia. You can list your home on For Sale By Owner websites that attract millions of buyers every month. Or, you can work with Flat Fee MLS companies that will get you on the MLS for a small flat fee.

Yes, you can sell your house in West Virginia as is. And it's easier than you think. The West Virginia Residential Purchase Agreement by default is an ?as-is? agreement. This means unless decided otherwise, the buyer accepts the property in its existing condition.