Quitclaim Deed Make Modifiable For Free

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.

Moreover, a quitclaim deed does not convey any after-acquired title.

Although you can make a quitclaim deed yourself, we suggest hiring a real estate lawyer to ensure your deed is done right and meets the legal and filing requirements for Flordia and the local country recorders office where the property is located.

Contrary to the law and established custom in other states, the expression ?to have and to hold? (called the ?habendum clause? of a deed) is not necessary, nor are witnesses or seal required. The deed should be dated, but this too is not necessary to its validity.

Removing a name from the title, such as after a divorce. Transferring ownership to a family member, such as a child, parent or sibling ? a quitclaim deed does not affect the mortgage, so you can transfer ownership to another person without burdening them with a loan. Transferring property interest to a business partner.

But in a quitclaim deed, the grantor does not make any promise or warranty. A warranty deed promises that the grantor holds good, clear title to a piece of real estate. It promises also that the grantor has the right and authority right to sell it to the grantee or buyer.

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 most often used to: Transfer interest in real property. A quitclaim deed is a legal instrument which is used to transfer interest in real property.

Once a quit claim deed has been completed and filed with the County Clerk's Office, the title will officially pass from the grantor to the grantee. The only way to reverse a quit claim deed is to go to court and prove that the grantor was forced to sign the document under duress.

Disadvantages of Quitclaim Deeds A quitclaim deed is quick and easy because it transfers all of one person's interest in the property to another. However, a quitclaim doesn't make any guarantees about what that interest might be. The deed transfers all claims the seller has to the property, if any.