Arkansas Quitclaim Assignment

State:
Multi-State
Control #:
US-OG-296
Format:
Word; 
Rich Text
Instant download

Description

This form is used when Assignor grants, sells, assigns, and quit claims to Assignee, all of Assignor's rights, title, and interests, if any, in and to the leasehold estate in the Lease and Lands, and in any and all equipment, fixtures, or appurtenances located on the Lands.

How to fill out Quitclaim Assignment?

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FAQ

QUITCLAIM DEED ? The Quick Easy Solution All a Quitclaim Deed does is transfer the exact same rights the owner has at that specific time. If there are outstanding claims against the property, the buyer will be subject to all of the claims.

In most cases, an Arkansas Quitclaim Deed costs $300 to prepare, and $15 for the first page and $5 for each additional page in recording costs. For a typical quitclaim deed, the total cost is $320 (a $300 lawyer fee and $20 in recording fees). Your deed will be prepared and recorded by a licensed Arkansas attorney.

Deeds and instruments of writing for the conveyance of real estate shall be executed in the presence of two (2) disinterested witnesses or, in default thereof, shall be acknowledged by the grantor in the presence of two (2) such witnesses, who shall then subscribe the deed or instrument in writing for the conveyance of ...

List the name of the current owner of the property. List the name of the person who is becoming the owner of the property. List the name of the county where the property is located. Fill this out only if no than $100 is paid for the property.

When transferring property, a seller (often called the grantor), writes out a deed, transferring property to the buyer (often called the grantee). The deed is then recorded with the recorder in the county in which the property is located.

It's usually a very straightforward transaction, but it's possible for a quitclaim deed to be challenged. If a quitclaim deed is challenged in court, the issue becomes whether the property was legally transferred and if the grantor had the legal right to transfer the property.

A warranty deed makes a promise to the buyer that the seller has good title to the property. A quitclaim deed, on the other hand, makes no promises. A quitclaim deed just says; whatever interest I have in this property, I give to you.

An Arkansas quitclaim deed allows someone who owns a property (grantor) to transfer ownership of that property to someone else (grantee). The property transfer comes with no promises or guarantees about the property's title or the grantor's right to sell the property.

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Arkansas Quitclaim Assignment