Arkansas Deed (As to Specified Subsurface Depths)
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How to fill out Deed (As To Specified Subsurface Depths)?
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FAQ
This costs very little ( $15 for the first page and $5 for each additional page). Compared to a probate, it is nothing! The Arkansas Beneficiary Deed causes your property to pass from you to your loved ones without the need for probate.
An Arkansas quitclaim deed is one of three deed forms Arkansas recognizes for transferring real estate during the owner's life. The distinguishing feature of quitclaim deeds is that they transfer the current owner's interest with no warranty or covenants of title.
This deed must be signed, notarized, and recorded in the county where the property is located. Some counties have more than one recording office, so you need to be sure this deed is being recorded in the correct recording office. Must list the name and address of the person who prepared this deed.
Arkansas charges a real property transfer tax for real estate transfers involving more than $100.00 in payment. The total transfer tax rate is $3.30 per $1,000.00 of consideration?two-thirds of which is expressly the new owner's responsibility.
In Arkansas, there are a number of different situations in which real property is transferred from one person to another, but they each have one thing in common ? a deed. A deed is the legal document which officially transfers ownership of a piece of property. Without a deed, there cannot be an actual transfer.
The state real property transfer tax rate is $3.30 for each $1,000 (or fraction thereof) on deeds, instruments, or writings when the consideration for the interest or property conveyed exceeds $100.
The new owner or that person's agent must submit a signed real property tax affidavit of compliance?or just affidavit of compliance?when filing a deed with the county recorder. The affidavit gives details about the transfer?including the purchase price and transfer tax amount or any exemption.
Arkansas deeds are recorded with the county recorder's office for the county where the property is located. In most Arkansas counties, the circuit clerk acts as county recorder and is responsible for maintaining land records and recording deeds. In other counties, the county clerk serves as county recorder.
