Maine Quitclaim Deed (Short Form)
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How to fill out Quitclaim Deed (Short Form)?
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FAQ
In Maine, there are several types of deeds used to transfer real estate, each with different levels of warranties and protection for the buyer. The Maine quitclaim deed with covenant offers limited protection. Maine warranty deeds more protection, and Maine quitclaim deeds without covenant provide less protection.
A Maine quitclaim deed without covenant is a type of deed that transfers all of the signer's rights in Maine real estate with no warranty of title. The new owner receives the entire interest the transferor can legally transfer.
Names(s) of each signer (individuals, corporations, trusts etc.) must be printed beneath signature line. Notary/attorney name (or bar number for attorney) must be printed beneath signature line. Deeds must be accompanied by a declaration of value form (transfer tax form) and transfer tax, if tax is due.
Maine deeds must identify by name the current property owner (the grantor) transferring real estate. A deed must also state the new owner's name and address?including street and number, municipality, and state. Deeds customarily include the marital status of any parties who are natural persons.
Recording ? Like all deeds in Maine, this deed must be acknowledged by a notary and filed with the Registry of Deeds in the County in which the property is located. Real Estate Transfer Tax (§ 4641) ? Must be filed with an accompany deed and can be completed Online or with the Printable Form.
A quitclaim allows a person to transfer property to another person with a simple deed. The basic idea is that all the rights and claims of being a property owner are relinquished and legally turned over to someone else.
The only way to add or remove a name on a deed is to have a new deed recorded. Once a document is recorded, it cannot be altered. In order to protect your legal interests, we strongly suggest that you contact an attorney to have this done for you.
