Colorado Sample Letter for Quitclaim Deed for Foreclosed Property

State:
Multi-State
Control #:
US-0762LTR
Format:
Word; 
Rich Text
Instant download

Description

This form is a sample letter in Word format covering the subject matter of the title of the form.

How to fill out Sample Letter For Quitclaim Deed For Foreclosed Property?

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FAQ

A deed in which a grantor disclaims all interest in a parcel of real property and then conveys that interest to a grantee.

A Colorado quitclaim deed* transfers property from the current owner (the Grantor) to a new owner (the Grantee).

Signing (§ 38-35-103) ? The quitclaim deed in Colorado must be acknowledged in front of a notary public. Specific Language ? The word ?convey? must not be allowed in the document and rather should be replaced with the word ?quitclaim?. For example, ?A hereby quitclaims to B?.?

A Colorado quit claim deed allows a property owner (the ?grantor?) to relinquish interest in a property to another party (the ?grantee?) without any warranties of title. The grantee assumes all risk with this deed and can take no legal action against the grantor should any title issues arise.

A notary may notarize a quitclaim deed to real property in which the notary is the grantee . . . A. Only if the signing of the quit claim deed is witnessed by two other persons.

A quit claim deed form must include the following information: the name, address, and signature of the grantor (the person transferring the property); the name, address, and signature of the grantee (the person receiving the property); a description of the property being transferred; the consideration (monetary value) ...

A quitclaim deed is signed by the grantor but not always the guarantee, or person receiving the property.

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Colorado Sample Letter for Quitclaim Deed for Foreclosed Property