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In order to be valid, the quitclaim deed must contain the grantor's name and address, the grantee's name and address (55 ILCS 5/3-5020, 5026), the consideration (usually money), a complete legal description of the property, the county where the property is located, the date the deed was executed, and the grantor's ...
Land contracts, memoranda of contract, and death certificates being recorded pursuant to a transfer on death deed require a completed Form 521, which are not subject to the documentary stamp tax until the deed is presented for recording.
To get title to the property after your death, the beneficiary must record a certified death certificate, cover sheet with the legal description of the property, and Form 521 (Real Estate Transfer Statement) in the register of deed's office. The office will forward Form 521 on to the county assessor.
A property owner signs a quitclaim deed to add the owner's spouse to the property's title. The deed creates a joint tenancy with right of survivorship, allowing the surviving spouse to have undivided ownership upon the other spouse's death.
Laws & Requirements Signing Requirements § 76-211.: Quitclaim deeds in Nebraska must be signed by the grantor(s) in the presence of a notary public. Recording Requirements § 76-237: File the deed with the County Register of Deeds where the property is, along with a required fee.
You must file the affidavit with the register of deeds office of the county in which the real property of the deceased is located and also file, in any other county in Nebraska in which the real property of the deceased that is subject to the affidavit is located, the recorded affidavit and a certified or authenticated ...
To complete the transfer, the deed must be recorded in the office of the Register of Deeds of the county where the property is located. All deeds also require a Form 521 - Real Estate Transfer Statement.
What does a quitclaim deed do? A quitclaim deed transfers the title of a property from one person to another, with little to no buyer protection. The grantor, the person giving away the property, gives their current deed to the grantee, the person receiving the property.