This form is an Authority to Release. The county clerk is authorized and requested to release from a deed of trust a parcel of land to the executor of the estate. The form must be signed in the presence of a notary public.
Warranty Deed Vs Quitclaim Deed Form California In Palm Beach
State:
Multi-State
County:
Palm Beach
Control #:
US-00186
Format:
Word;
Rich Text
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FAQ
Quitclaim deeds, therefore, are commonly used to transfer property within a family, such as from a parent to an adult child, between siblings, or when a property owner gets married and wants to add their spouse to the title. Married couples who own a home together and later divorce also use quitclaim deeds.
General warranty deeds: A general warranty deed provides the most protection to the buyer but gives the grantor the highest degree of liability. The grantor of a general warranty deed fully warrants good, clear title to the property.
A quitclaim deed is only valid if both parties willingly performed the property transfer. If there is evidence that the grantor was coerced into filing the quitclaim against their will, this is grounds to revoke it.
A quitclaim deed in Florida is a legal form that transfers property to someone else. The person receiving the property is called a grantee. A quitclaim deed allows the current property owner to transfer whatever title they have to the grantee.
It's safer to use a warranty deed any time you are not entirely sure of your or someone else's ownership stake in any property. If you are transferring a property to your child or to a revocable trust agreement as part of an estate plan, then a quitclaim deed could do the trick.
Moreover, a quitclaim deed does not convey any after-acquired title.
In summary, a quitclaim deed may not be suitable in situations where there is uncertainty about ownership, when a buyer wants protection against potential title issues, when obtaining a mortgage or refinancing, or in certain real estate transactions that require more guarantees and protections.
Get the forms from the county where the property is located. You can find the forms in the County Clerk's Office, Recorder's Office, or Assessor's Office.
Quitclaim deed transfers are ideal for: transferring property interest between family members, such as a parent to a child.
General warranty deed It's the type of deed that offers the most buyer protection. When committing to a general warranty deed, the seller is promising there are no liens against the property, and if there were, the seller would compensate the buyer for those claims.
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The key difference between a warranty deed vs. Quitclaim deed is the level of protection offered.A warranty deed and a quitclaim deed are two different types of real estate deeds that individuals use in property transactions based on their legality. A warranty deed can be used for most property transfers. A quitclaim deed can transfer ownership to a specific, trusted person. Warranty deeds are the safer option when buying property versus simply transferring ownership. Most buyers will want this option. A quit claim deed is a simpler and lower cost conveyance often used when a property transfers ownership without being sold. The person giving the quitclaim deed makes no warranties or guarantees at all—and the person taking the quitclaim deed (i.e. The difference between the two is that warranty deeds guarantee, or warranty, that the grantor already has a valid title to the property.