Excise Name Deed For Free

(a) A completed real estate excise tax affidavit is required for transfers by gift. A supplemental statement approved by the department must be completed and attached to the affidavit.

The Grantee and Grantor are jointly and severally liable for the payment of the tax. When all taxes and recording fees required are paid, the deed is recorded. Each County Recorder's Office: 1.

Normally the seller is responsible for such things as the title insurance fee, documentation charges and notary fees for instruments transferring the property to the buyer; real property transfer tax on the recording of the deed; the real estate broker's fee and one-half of the Escrow Holder's fee.

To transfer ownership of land in North Carolina, the owner must execute and file a new deed with the register of deeds for the North Carolina county where the property is located.

A deed in which a grantor disclaims all interest in a parcel of real property and then conveys that interest to a grantee. Unlike grantors in other types of deeds, the quitclaim grantor does not promise that his interest in the property is actually valid.

You may be required to pay Real Property Transfer Tax (RPTT). RPTT is calculated as $1.95 for each $500.00 of value or fraction thereof. When dealing with the fraction thereof you would round up to the nearest $500.00. Note: Taxable value is market value not the assessed value.

A quitclaim deed is legally binding. The transferring spouse eliminates his rights to the property after signing it.

How to transfer property ownership Identify the donee or recipient. Discuss terms and conditions with that person. Complete a change of ownership form. Change the title on the deed. Hire a real estate attorney to prepare the deed. Notarize and file the deed.

Getting the name changed on your deeds is an easy process and you do not need to involve a solicitor. Generally there is no fee to pay either. You simply need to send a letter to the Land Registry office requesting the name change, together with either the original or a certified copy of your marriage certificate.

It's possible to change the names on title deed yourself without help from anyone else. You simply need to complete the right forms and pay any fee.