The two most common and quickest deeds used are the Warranty Deed and the Quitclaim Deed. Complete a PT-61, Transfer Tax Form.Most property sales make use of warranty deeds, which guarantee that the grantor owns clear and complete interest in the property. In Georgia, you cannot simply name an RLT as the new owner in a deed. Pindar's Georgia Real Estate Law and Procedure with forms, Sixth Edition, by. Daniel F. Hinkel of the Atlanta Bar (2004 West, a Thomson business). That means that the seller agrees to defend buyer against any claims of interest in the property from others. In addition to granting you ownership, the warranty deed carries a personal guarantee of undisputed ownership that the quit claim lacks. All deeds of conveyance must have a printed,. Complete PT-61 (can be completed online,. GSCCCA.
Keep the original PT-61 or get a copy of it from most Georgia Title Companies. It will be your evidence in court. A Quitclaim Deed is typically the best method for transferring land interest. It is a deed that transfers the property interest to a new third party. It does not require you to pay sales taxes. A Quitclaim Deed is issued by a court if the existing owner of the property does not exercise his or her right of possession. If the original owner fails to exercise his or her right of possession, a quitclaim deed is issued. If the owner fails to do this within 15 days after the purchase of the property, the Quitclaim Deed is issued. It will state the person entitled to possession on the property. If you are having troubles with Quitclaim Deeds, please check with the County's Clerk/Recorder's office. Complete a PT-51 (can be completed online, GSC CCA.org) A PT-51 is a document that explains all the terms and conditions of a sale transaction. It is issued by a court or a receiver.
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