Quitclaim Deed Remove Advanced Field For Free - Quitclaim Deed Remove

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.

An Indiana quit claim deed form (sometimes called a quick claim deed or quitclaim deed) transfers Indiana real estate from the current owner (grantor) to the new owner (grantee) with no warrant of title.

Quitclaim deeds are most often for transferring property between family members or to cure a defect on the title, such as a misspelling of a name.

FINALIZE THE SALE: A cashier's check is required for the full amount due. At the closing, the buyer will receive a copy of all the closing documents. The official ?recorded? quit claim deed will be mailed as soon as it is returned from the Recorder's Office. This usually takes about two weeks.

Transferring Indiana real estate usually involves four steps: Locate the prior deed to the property. ... Create the new deed. ... Sign the new deed. ... Record the original deed.

First, you need to make sure you fill out the quitclaim deed properly and get it notarized. Next, take the quitclaim deed to the County Recorder's Office. Make sure to file a Preliminary Change of Ownership Report and a Documentary of Transfer Tax or a Notice of Exempt Transaction.

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.

Signing a quitclaim deed and giving up all rights to the property doesn't release you from any financial obligations you may have. It only removes you from the title, not from the mortgage, and you are still responsible for making payments.

If you draw up a valid quit claim deed and record it, you cannot "reverse" the transfer of property interest unless you prove to a court that it resulted from fraud or other illegal influence.

Once the transfer is complete, there is no way to nullify or undo a quitclaim deed unless both parties consent to the arrangement. If the original grantor does agree to take back the property, you must draft and file a new quitclaim deed to void the original.