Missouri Disclaimer and Quitclaim of Leasehold Interest
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How to fill out Disclaimer And Quitclaim Of Leasehold Interest?
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FAQ
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.
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.
You may either prepare it yourself or contact a real estate attorney to prepare it on your behalf. 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 meets Missouri formatting requirements.
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.
Signing Requirements: § 442.130: The grantor's signature must be notarized, while witnesses are not obligatory for a quitclaim deed. Another authorized officer can also acknowledge the grantor's signature. Recording Requirements: § 442.400: A quitclaim deed should be recorded with the County Recorder of Deeds.
A Missouri quitclaim deed transfers property with no warranty of title. Due to the lack of warranty, the transferor is not legally responsible for any problems with the property's title.
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.
$24.00 for the first page, $3.00 each additional page. A $25 non-standard fee will be added if the document does not meet the Missouri Document Formatting Standards. If you use eRecording, additional fees may be charged by the vendor. A list of vendors can be found on the Recorder of Deed's eRecording web page.
