North Carolina Quitclaim Assignment

State:
Multi-State
Control #:
US-OG-296
Format:
Word; 
Rich Text
Instant download

Description

This form is used when Assignor grants, sells, assigns, and quit claims to Assignee, all of Assignor's rights, title, and interests, if any, in and to the leasehold estate in the Lease and Lands, and in any and all equipment, fixtures, or appurtenances located on the Lands.

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FAQ

To be validly registered pursuant to G.S. 47-20, a mortgage, deed of trust or conditional sales contract, or any combination of these, of both personal property and real property must be registered pursuant to the provisions of G.S. 47-20.1 for the real property covered by the instrument and pursuant to the provisions ...

Navigating the quitclaim deed process is an extremely arduous task to tackle on your own. You need a knowledgeable real estate attorney who can help you successfully transfer ownership for the most stress-free experience possible.

The grantor completes the quit claim deed form, including their name, the grantee's name, and a legal description of the property. The grantor signs the deed in front of a notary public. The grantee records the deed with the appropriate county office, usually the county recorder or register of deeds.

How do I add or remove names from a deed? Deed name changes require the submittal of a new deed to the Register of Deeds office. We suggest that you consult an attorney unless you are familiar with creating legal documents.

Recording (N.C.G.S.A. § 47H-2(d)) ? Deeds must be submitted, after completion and acknowledgments, to the Register of Deeds in the county where the real estate is located. Signing (N.C.G.S.A. § 47-38) ? All quit claim deeds are required to be signed with the Grantor(s) being witnessed by a Notary Public.

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.

To properly convey land in North Carolina, the owner must execute and file a new deed with the register of deeds for the county in which the property is located. The most common types of deeds are the General Warranty Deed, the Special Warranty Deed, and the Non-Warranty Deed (also known as the Quit Claim Deed).

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North Carolina Quitclaim Assignment