Quitclaim Deed Combine For Free

The quitclaim deed must be signed in front of a Notary Public. Finally, this paperwork must be filed with the local County Clerk's office for the transaction to become effective and legally binding.

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.

A quitclaim deed is a legal instrument which is used to transfer interest in real property. The entity transferring its interest is called the grantor, and when the quitclaim deed is properly completed and executed, it transfers any interest the grantor has in the property to a recipient, called the grantee.

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.

There is no legal requirement that a quit claim deed be prepared or filed by an attorney. However, people often do no complete even a statutory form correctly. Also, it is generally considered the unauthorized practice of law for someone who is not a party to the transaction to prepare it.

What is the cost to file an Oklahoma deed? County clerks in Oklahoma charge $18.00 for recording a deed's first page and $2.00 for each additional page.

Statute Title 16, Chapter 1 of the Oklahoma Statutes: A quitclaim deed may use the following language substantially ?do hereby quitclaim, grant, bargain, sell and convey.? Signing Requirements § 16-4: The grantor's signature, acknowledged before a notary or specific officials, suffices for a valid quitclaim deed.

The way a quitclaim deed works is that this type of transfer makes no seller guarantees. It merely states that the seller transfers any ownership interest to the buyer. So if the seller has absolutely no ownership interest in the property, that's precisely what transfers in a quitclaim deed to any buyer.

When to use a quitclaim deedQuitclaim deeds are most often used to transfer property between family members. Examples include when an owner gets married and wants to add a spouse's name to the title or deed, or when the owners divorce and one spouse's name is removed from the title or deed.

A lot consolidation plat is essentially a re-mapping of two or more adjacent lots or parcels of land, combining them into one larger parcel.If approved, the consolidation plat effectively marks the new legal boundary for the consolidated piece of land.