Wake County Quit Claim Deed Form

• Category: North Carolina Real Estate - Deeds - Quitclaims
• State: North Carolina
• County: Wake
• Control #: NC-018-77
• Format: Word; Rich Text

Description

This form is a Quitclaim Deed where the grantors are husband and wife and the grantee is an individual. Grantors convey and quitclaim the described property to grantee less and except all oil, gas and minerals, on and under the property owned by Grantors, if any, which are reserved by Grantor. This deed complies with all state statutory laws. A Wake North Carolina Quitclaim Deed from Husband and Wife to an Individual is a legal document used to transfer ownership of real property from a married couple to a specific person without any warranties or guarantees. This type of deed is commonly used when spouses want to transfer ownership of property to a third party, such as a family member, friend, or business associate. A Quitclaim Deed in Wake North Carolina allows the couple to give up all rights, title, and interest they have in the property, both present, and future. It means that the individual receiving the property will take it "as is," without any guarantee of clear title or protection against potential claims or liens. Types of Wake North Carolina Quitclaim Deed from Husband and Wife to an Individual include: 1. Wake North Carolina Joint Tenancy Quitclaim Deed from Husband and Wife to an Individual: This type of quitclaim deed is often used when a married couple owns property as joint tenants with rights of survivorship. It allows one spouse to transfer their interest in the property to an individual, thereby severing the joint tenancy. 2. Wake North Carolina Tenancy in Common Quitclaim Deed from Husband and Wife to an Individual: In this case, the married couple owns the property as tenants in common, where each spouse has a distinct and separate share in the property. Through a quitclaim deed, one spouse can transfer their share to an individual, effectively changing the ownership structure. 3. Wake North Carolina Community Property Quitclaim Deed from Husband and Wife to an Individual: In states that recognize community property laws, such as North Carolina, a married couple may own property jointly as community property. Through a quitclaim deed, one spouse can transfer their share of the community property to an individual. It is crucial to consult with a qualified attorney when preparing and executing a Wake North Carolina Quitclaim Deed from Husband and Wife to an Individual to ensure compliance with state laws and to safeguard the interests of all parties involved.

A Wake North Carolina Quitclaim Deed from Husband and Wife to an Individual is a legal document used to transfer ownership of real property from a married couple to a specific person without any warranties or guarantees. This type of deed is commonly used when spouses want to transfer ownership of property to a third party, such as a family member, friend, or business associate. A Quitclaim Deed in Wake North Carolina allows the couple to give up all rights, title, and interest they have in the property, both present, and future. It means that the individual receiving the property will take it "as is," without any guarantee of clear title or protection against potential claims or liens. Types of Wake North Carolina Quitclaim Deed from Husband and Wife to an Individual include: 1. Wake North Carolina Joint Tenancy Quitclaim Deed from Husband and Wife to an Individual: This type of quitclaim deed is often used when a married couple owns property as joint tenants with rights of survivorship. It allows one spouse to transfer their interest in the property to an individual, thereby severing the joint tenancy. 2. Wake North Carolina Tenancy in Common Quitclaim Deed from Husband and Wife to an Individual: In this case, the married couple owns the property as tenants in common, where each spouse has a distinct and separate share in the property. Through a quitclaim deed, one spouse can transfer their share to an individual, effectively changing the ownership structure. 3. Wake North Carolina Community Property Quitclaim Deed from Husband and Wife to an Individual: In states that recognize community property laws, such as North Carolina, a married couple may own property jointly as community property. Through a quitclaim deed, one spouse can transfer their share of the community property to an individual. It is crucial to consult with a qualified attorney when preparing and executing a Wake North Carolina Quitclaim Deed from Husband and Wife to an Individual to ensure compliance with state laws and to safeguard the interests of all parties involved.