Missouri Quit Claim Deed

State:
Multi-State
Control #:
US-03130BG
Format:
Word; 
Rich Text
Instant download

Description

A deed is an instrument by which an owner (the grantor) transfers an interest in land to a new owner (the grantee). No consideration is required to make the deed effective. The deed is necessary to transfer title to land even if it is a gift. It has no effect, and title does not pass until the deed has been delivered. The recording of the is not required to make the deed effective to pass title between the buyer and the seller. However, recording is necessary so that the public will know that the buyer is the present owner.


A quitclaim deed transfers whatever interest, if any, a grantor may have in the property, without specifying the interest in any way. No warranty of ownership is given. This type of deed is commonly used to clear title to property. A warranty deed transfers a specified interest and warrants or guarantees that this interest is transferred. The grantor warrants that the title is good, that the transfer is proper, and that there are no liens other than stated in the deed. The grantee can sue if the warranty is breached.


This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

How to fill out Quit Claim Deed?

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FAQ

A quitclaim deed is a document that ends one person's interest in a property (whatever that interest may be, if any at all), by transferring that interest to someone else. Unlike a warranty deed, the quitclaim deed doesn't promise to pass a clear title ? only an interest in ownership, as-is.

A Quit Claim Deed is used to transfer the joint ownership into sole ownership. More specifically, the Quit Claim Deed removes one spouse's name from the title. The document is prepared by a lawyer. It is then filed with the recorder of deeds in the county where the property is located.

A deed must include the names of the buyer and seller and the property's legal description. The deed is signed by the person transferring the property and may make that person responsible to the buyer for other claims against or conditions on the property.

Due to this, quitclaim deeds typically are not used in situations where the property involved has an outstanding mortgage. After all, it would be difficult for many grantors to pay off a mortgage without proceeds from the sale of the property.

Use the correction deed to correct an error in a warranty, special warranty, conveyance, or quitclaim deed in Missouri. A corrective deed is in effect an explanation and correction of an error in a prior instrument. As such, it passes no title, but only reiterates and confirms the prior conveyance.

While only the grantor signs the quitclaim deed in Missouri, they must be notarized. Missouri charges a flat fee for the first page of the quitclaim deed filing around $20, and each additional page is around $3.

Quit claim deeds are common in divorces when one spouse grants his or her rights in real estate from the marriage over to the other spouse. A warranty transfers ownership and explicitly promises the buyer that the seller has good title to the property.

Signatures and Date: ing to Missouri law, the grantor must sign the deed. The signing date should also be included. Certain counties or jurisdictions may also require the grantee's signature.

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More info

Gathering Information · Step 1 Find the legal description of the property. · Step 2 Check the tax status of the property. Recording Requirements: § 442.400: A quitclaim deed should be recorded with the County Recorder of Deeds. This process requires payment of a recording fee.Nov 19, 2020 — Either way, there is never a charge for filling out and submitting the contact form below, and upon receipt we may contact you to discuss your ... May 1, 2023 — Necessary elements include correct formatting, a valid legal description, and the transferor's notarized signature. The deed should also ... The fastest way to redact Quit claim deed for missouri online · Register and sign in. Create a free account, set a strong password, and go through email ... Once the quitclaim deed has been completed, signed, and notarized, it must be filed with the Missouri County Clerk in the county where the property is located. TO HAVE AND TO HOLD THE SAME, with all the rights, immunities, privileges, and appurtenances thereto belonging, unto the said Grantee and unto their heirs, ... Include the preparer's name, address, and signature as well. Besides these requirements, the form must meet all state and local standards for recorded documents ... If you choose to prepare it yourself you will need a standardized form (Quit Claim Deed, Warranty Deed, Beneficiary Deed, any type of Affidavit, etc.) that ... If you choose to prepare it yourself you will need a standardized form (Quit Claim Deed, Warranty Deed, Beneficiary Deed, any type of Affidavit, etc.) that ...

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Missouri Quit Claim Deed