A Georgia Quitclaim Deed (Short Form) is a legal document used for the transfer of property ownership in the state of Georgia. This deed type is commonly utilized when parties involved know and agree upon the transfer without any warranties or guarantees. The Georgia Quitclaim Deed (Short Form) is a time-efficient way to transfer property, as it omits the lengthy warranties and representations that would be found in a General Warranty Deed. It provides a straightforward method of transferring property rights without the need for extensive legal documentation. The key purpose of a Quitclaim Deed is to transfer any rights or interests the granter (the person transferring ownership) may have in the property to the grantee (the person receiving ownership). However, it does not offer any guarantee or warranty regarding the property's title or any potential existing encumbrances that may affect it. It is essential to note that a Georgia Quitclaim Deed (Short Form) is not suitable for cases where the buyer is seeking assurances regarding the property's title. If the buyer desires a more comprehensive and secure transfer, they should consider using a different type of deed, such as a General Warranty Deed or a Special Warranty Deed. Different types of Georgia Quitclaim Deeds (Short Form) are mainly distinguished by their specific purpose or circumstances. Some common alternatives include: 1. Individual to Individual Quitclaim Deed (Short Form): This deed form is typically used when an individual transfers property to another individual, such as during the sale of a house or gifting property to a family member. 2. Corporate to Individual Quitclaim Deed (Short Form): This type is employed when a corporation transfers property ownership to an individual, often as a part of an employment agreement or as a result of a merger or acquisition. 3. Individual to Corporate Quitclaim Deed (Short Form): This form is used when an individual transfers property ownership to a corporation, usually in cases where the individual wishes to incorporate a property into their business. 4. Divorce-settlement Quitclaim Deed (Short Form): This deed is frequently utilized during divorce settlements when one spouse relinquishes their ownership rights in a property to the other spouse. It is important to consult with a qualified real estate attorney or legal professional when choosing the most appropriate type of Georgia Quitclaim Deed (Short Form) for your specific situation. They can guide you through the legal requirements and ensure the transfer of ownership is conducted accurately and in compliance with applicable laws.
Georgia Quitclaim Deed (Short Form)
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How to fill out Georgia Quitclaim Deed (Short Form)?
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First, there's exposure to the co-owner's creditors. Once another person is added to the deed, the property can become exposed to their financial risks. If the other person has debts or legal issues, the property could potentially be seized by their creditors. Then, there's a loss of control to consider.
Adding someone to your house deed requires the filing of a legal form known as a quitclaim deed. When executed and notarized, the quitclaim deed legally overrides the current deed to your home. By filing the quitclaim deed, you can add someone to the title of your home, in effect transferring a share of ownership.
Quit claim deeds, also called a non-warranty deeds, are sometimes used to transfer property as well as clear titles. Sellers tend to be more willing to transfer property through quit claim deeds. However, quit claim deeds offer no warranty that the grantor owns or has any rights to transfer the property.
There are only a few steps that are required: The two parties would fill out a deed that includes certain basic information about the parties, properties, and transaction. Both parties would sign the deed and have it notarized. The quitclaim deed is then filed with the local county clerk's office.
If you wish to remove someone from a deed, you will need their consent. This can be done by recording a new deed, which will require their signature. If the person in question is deceased, you will need their death certificate and a notarized affidavit along with the new deed.
Moving Forward Type of DocumentPrior Fee Structure*New FeeDeed of Transfer (e.g., Limited Warranty Deed, Quitclaim Deed)$10.00 for the first page, $2.00 for each add'l page$25.00Security Instrument or Modification of Security Instrument (e.g., Security Deed, ALR)$10.00 for the first page, $2.00 for each add'l page$25.006 more rows ?
Things You Should Know Go to the county recorders office and get a quitclaim form. Fill out the form and sign it before a notary to make the transfer legal. Go back to your county recorders office to get the deed recorded so it becomes part of the official property record.
4.5 Requirements for Recording a Deed in Georgia. AS OF JULY 1, 2015: For a deed to be recorded, Georgia law requires that it be signed by the maker (grantor), attested by an officer as provided in O.C.G.A. 44-2-15, and attested by one other witness.
