Type In Legal Washington Real Estate Forms For Free

Gift Deed for Real Estate Located in Washington. A gift deed, or deed of gift, is a legal document voluntarily transferring title to real property from one party (the grantor or donor) to another (the grantee or donee). A gift deed typically transfers real property between family or close friends.

Quitclaim deeds are used for many purposes, including gifts of property, conveyances to correct prior deeds, and conveyances to settle a legal dispute. Quitclaim deeds are also used simply to confirm that the grantor does not claim any interest in the described property.

Family members can transfer property to one another without estate tax penalties by putting the property into a trust. When placed into an irrevocable trust, the property is no longer considered part of your estate after you die.

A LPO is licensed to select, prepare, and complete approved documents for use in closing a loan, extension of credit, sale, or other transfer of real or personal property.

No witnesses are needed for a Washington quitclaim deed. Recording Requirements § 36.18. 010: Quitclaim deeds are filed with the Washington County Recorder or County Auditor in the county where the property is located. A filing fee is required when recording.

In this lesson we reviewed the fundamental elements of real estate contracts in Washington. These elements include: the parties involved in the transaction, the property for sale or lease, the purchase price or lease rates, the closing date, and the signatures of all the relevant parties.