What is a statement of consideration in Wyoming?

Wyoming State Statutes 34-142 (a) require a Statement of Consideration (SOC) to be completed whenever a deed, contract, or document transferring legal title is recorded as part of a property transfer. Information such as date of sale, purchase price, and terms of sale are required.

Should I record a deed?

Making sure that your property deed is properly recorded is one of the single most important actions you can take to protect your legal rights and assets. This is because your deed is the only way to prove that you are the true legal owner of your own house or investment property.

Will county quit claim deed requirements?

In order to be valid, the quitclaim deed must contain the grantor's name and address, the grantee's name and address (55 ILCS 5/3-5020, 5026), the consideration (usually money), a complete legal description of the property, the county where the property is located, the date the deed was executed, and the grantor's ...

How do I record a deed in Wyoming?

A Wyoming deed must be filed for recording with the county clerk of the county where the property is located. Upon receiving a valid deed and the required recording fee, the county clerk records the deed in the county land records and stamps the time and date of recording on the deed.

How do I transfer property in Wyoming?

Wyoming property owners transfer real estate interests by creating and recording a signed, notarized deed....A quitclaim deed might, for example: Transfer real estate as a gift; Add a spouse's name to the deed; or. Retitle property to a trust.

What is true about the recording of a deed?

While recording a deed does not affect its validity, it is extremely important to record since recordation protects the grantee. If a grantee fails to record, and another deed or any other document encumbering or affecting the title is recorded, the first grantee is in jeopardy.

What is a quitclaim deed Wyoming?

A Wyoming quitclaim deed is a type of deed that transfers all of the signer's rights and title in the property with no warranty of title. 2. The transferee (or grantee) receives whatever interest the transferor (or grantor) can legally convey.

How do I file a quit claim deed in Wyoming?

How to Write & File a Quitclaim Deed in Wyoming Step 1 Obtain the Wyoming Quitclaim Deed Form. ... Step 2 Write Preparer's Information. ... Step 3 Enter 'Return To Person. ... Step 4 Note Consideration. ... Step 5 Fill in Grantor's Details. ... Step 6 Enter Grantee's Information. ... Step 7 Note Property's County.

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Q: How do I file a quit claim deed in Wyoming?

How to Write &amp; File a Quitclaim Deed in Wyoming Step 1 Obtain the Wyoming Quitclaim Deed Form. ... Step 2 Write Preparer&#039;s Information. ... Step 3 Enter &#039;Return To Person. ... Step 4 Note Consideration. ... Step 5 Fill in Grantor&#039;s Details. ... Step 6 Enter Grantee&#039;s Information. ... Step 7 Note Property&#039;s County.

This document prepared by (and after recording return to): Name: Firm/Company: Address: Address 2: City, State, Zip: Phone: ) ) ) ) ) ) ) ) ) ) --------Above This Line Reserved For Official Use Only-------------.

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How to Write & File a Quitclaim Deed in Wyoming Step 1 – Obtain the Wyoming Quitclaim Deed Form. ... Step 2 – Write Preparer's Information. ... Step 3 – Enter 'Return To” Person. ... Step 4 – Note Consideration. ... Step 5 – Fill in Grantor's Details. ... Step 6 – Enter Grantee's Information. ... Step 7 – Note Property's County.

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