Warranty Deed Vs Quit Claim Deed In Salt Lake

State:
Multi-State
County:
Salt Lake
Control #:
US-00186
Format:
Word; 
Rich Text
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Description

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.

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FAQ

How to File a Quitclaim Deed in Utah Step 1: Reference the Original Deed. Step 2: Consult an Attorney. Step 3: Complete the Quitclaim Deed. Step 4: Complete the Water Rights Addendum. Step 5: Sign and Notarize. Step 6: File with the County Recorder.

A warranty deed offers the strongest protection. It protects the party receiving the property title in case there turns out to be any issues with the title.

But unlike a warranty deed and a special warranty deed, which provide certain warranties or guarantees regarding the property's title, a quitclaim deed only transfers whatever interest the grantor may have in the property at the time of the transfer. That interest may be no interest whatsoever.

This is because a quitclaim deed offers the lowest level of protection. When writing a quitclaim deed, the grantor isn't offering any protection or warranty to the grantee.

General warranty deeds give the grantee the most legal protection, while special warranty deeds give the grantee more limited protection. A quitclaim deed gives the grantee the least protection under the law.

Because of the lack of title guarantees, quitclaim deeds are most often used to transfer property between two parties who know and trust each other, such as family members.

A general warranty deed is used to transfer real property from one person to another. This type of deed offers the greatest protection for the buyer and has specific requirements for what must be included in the document.

More info

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. Under Utah law, a quitclaim deed only transfers whatever rights the grantor has to the property.A quitclaim deed, like a warranty deed and a special warranty deed, is a legal document used to transfer ownership or real property. The key difference between a warranty deed vs. Quitclaim deed is the level of protection offered. Fill in the blank Quitclaim Deed form formatted to comply with all Utah recording and content requirements. We have several services and resources to help you research and protect your property while also learning about the Salt Lake County property tax system. The major difference between a warranty deed and a quitclaim is the degree of guarantee involved. Warranty deeds offer more protection than quitclaim deeds. A: A quitclaim deeds affects only how the property is titled.

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Warranty Deed Vs Quit Claim Deed In Salt Lake