This Quitclaim Deed from Corporation to Two Individuals form is a Quitclaim Deed where the Grantor is a corporation and the Grantees are two individuals. Grantor conveys and quitclaims the described property to Grantees less and except all oil, gas and minerals, on and under the property owned by Grantor, if any, which are reserved by Grantor. This deed complies with all state statutory laws.
Missouri Quitclaim Deed from Corporation to Two Individuals
Category:
State:
Missouri
Control #:
MO-014-77
Format:
Word;
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FAQ
A quitclaim deed transfers title but makes no promises at all about the owner's title.A person who signs a quitclaim deed to transfer property they do not own results in no title at all being transferred since there is no actual ownership interest. The quitclaim deed only transfers the type of title you own.
A quitclaim deed is a legal instrument that is used to transfer interest in real property.The owner/grantor terminates (quits) any right and claim to the property, thereby allowing the right or claim to transfer to the recipient/grantee.
A Quitclaim Deed must be notarized by a notary public or attorney in order to be valid.Consideration in a Quitclaim Deed is what the Grantee will pay to the Grantor for the interest in the property.
Once a quitclaim is signed and recorded, can the deed be challenged in court? Yes, it can. Recording your deed only provides notice of your ownership claim to the public. It does not guarantee ownership.
Step 1: Obtain a standard quitclaim form from your county office or use an online form to start drafting your quitclaim deed. Step 2: Include the following on each quitclaim document. Step 3: Create a cover page, if desired.
Fill out the quit claim deed form, which can be obtained online, or write your own using the form as a guide. The person giving up the interest in the property is the grantor, and the person receiving the interest is the grantee.
Recording fees for quitclaim deeds vary among counties. In Clay County and Platte County, the fee is $24 for the first page and $3 for each additional page.
But you might be wondering if an owner can transfer a deed to another person without a real estate lawyer. The answer is yes. Parties to a transaction are always free to prepare their own deeds.A quitclaim deed, for example, is far simpler than a warranty deed.