Oklahoma Quitclaim Deed Termination or Terminating Easement

State:
Multi-State
Control #:
US-00992BG
Format:
Word; 
Rich Text
Instant download

Description

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. A quitclaim therefore can be used to terminate an easement. This form is a generic example that may be referred to when preparing such a form for your particular state.

How to fill out Quitclaim Deed Termination Or Terminating Easement?

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FAQ

In Oklahoma, an easement by necessity can only arise if the two affected tracts previously belonged to the same person and only if the necessity is present at the time of severance of title.

A: Yes, a quitclaim deed can protect you by getting the deed in your own name exclusively. This is possible through a divorce proceeding or your spouse can sign a quitclaim to relinquish his rights to the property. If the mortgage is in your spouse's name, it doesn't mean he has an ownership interest.

Oklahoma Mortgage Filing Fee Calculations Any additional documents, Affidavit of Surviving Joint Tenant, Quit Claim Deed, etc. would be treated as a document of their own. With the first page being $18.00 and each additional page attached being $2.00.

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. The title is transferred without any amendments or additions.

No guarantees to the new owner: Unlike a warranty deed, a quitclaim deed does not guarantee that a property is free from title defects such as tax liens or title claims from third parties. For this reason, it is a poor legal instrument to use when selling a piece of property for cash considerations.

Extinguishing Methods: There are several legal methods to extinguish an easement, including release, merger, destruction, abandonment, and adverse use.

Once granted, an easement by necessity continues to exist for as long as the necessity exists. This means that if an alternative means of access to the land becomes available, the easement will terminate.

There are 5 steps to remove a name from the property deed: Discuss property ownership interests. ... Access a copy of your title deed. ... Complete, review and sign the quitclaim or warranty form. ... Submit the quitclaim or warranty form. ... Request a certified copy of your quitclaim or warranty deed.

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Oklahoma Quitclaim Deed Termination or Terminating Easement