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North Carolina Quitclaim Deed from Limited Liability Company to a...

Raleigh North Carolina Quitclaim Deed from Limited Liability Company to a Husband and Wife or Two Individuals

Name: Raleigh North Carolina Quitclaim Deed from Limited Liability Company to a Husband and Wife or Two Individuals
Brand: US Legal Forms
Rating: 4.63 (228 reviews)

Category:

North Carolina Real Estate - Deeds - Quitclaims

State:

North Carolina

City:

Raleigh

Control #:

NC-036-77

Format:

Instant download

Description

This form is a Quitclaim Deed where the Grantor is an LLC and the Grantees are Husband and wife, or two individuals. Grantor conveys and quitclaims the described property to Grantees. This deed complies with all state statutory laws.

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FAQ

To transfer ownership of land in North Carolina, the owner must execute and file a new deed with the register of deeds for the North Carolina county where the property is located.

In which of the following situations could a quitclaim deed NOT be used? c. The answer is to warrant that a title is valid.

A North Carolina quit claim deed is a legal form used to convey real estate in North Carolina from one person to another. A quitclaim, unlike a warranty deed, does not come with a guarantee from the seller, or grantor, as to whether the grantor has clear title to the property or has the authority to sell the property.

If you've recently married and already own a home or other real estate, you may want to add your new spouse to the deed for your property so the two of you own it jointly. To add a spouse to a deed, all you have to do is literally fill out, sign and record a new deed in your county recorder's office.

We recommend you consult with an experienced real estate lawyer for professional advice as each circumstance is unique. (Please note, the fee for our office to add someone to your deed is $650.00, plus recording costs and documentary stamps ? recordings costs are normally less than $50.00.)

A quitclaim deed is likely the fastest, easiest, and most convenient way to transfer your ownership interest in a property or asset to a family member. Unlike other kinds of deeds, such as general and special warranty deeds, quitclaim deeds make no warranties or promises about what is being transferred.

North Carolina's transfer tax rates are straightforward ? expect to pay $1 for every $500 of the sale price. For the state's average home value of $320,291, the transfer tax would amount to $640.58.

It usually takes four to six weeks to complete the legal processes involved in the transfer of title.

Signing - For a quitclaim deed to be accepted by the state of North Carolina, it must be signed by the seller of the property in the presence of a Notary Public (§ 47-38). Recording - After being notarized, this legal form should be filed with the Register of Deeds in the county where the property is located.

A deed, of course, is a legal document representing property ownership. But you might be wondering if an owner can transfer a deed to another person without a real estate lawyer. The answer is yes. Parties to a transaction are always free to prepare their own deeds.

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Q: Does my spouse have any say in what I do with the profits if I got the home? I got the house in the divorce.Grimes Lisa Johnson-Tonkins is an attorney-at-law who has been a member of the North Carolina Bar since 2003. Where is the property located? In the divorce contexts, both spouses will sign a deed transferring the former marital property to only one of the ex-spouses. Estate broker in a manner that protects and serves the public interest; and. (2) prepare students for the North Carolina real estate license examination. 2 Merrikay Brown and Jerry Carroll, co-chairs, Historical Booklet Committee, The Changing Face of Forsyth.

Raleigh North Carolina Quitclaim Deed from Limited Liability Company to a Husband and Wife or Two Individuals

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FAQ

How do I transfer property to a family member in NC?

In which of the following situations could a quitclaim deed not be used?

Are quit claim deeds legal in North Carolina?

How can I put my wifes name on my house?

How much does it cost to add a name to a deed in Florida?

How do I transfer property to a family member quickly and effectively in NC?

How much does it cost to transfer a deed in NC?

How long does it take to change title deeds?

How do I do a quit claim deed in NC?

Do you need a lawyer to transfer a deed in NC?

Interesting Questions

What is a Raleigh Quitclaim Deed?

Why would someone use a Quitclaim Deed in Raleigh?

Do both parties need to agree to the transfer?

What happens to the ownership rights after the transfer?

Is a Quitclaim Deed the same as a warranty deed?

What are the risks associated with a Quitclaim Deed?

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