Quitclaim Deed Replace Mark For Free

A quitclaim deed is used to transfer a property owner's interest in the property to another person without any warranties or guarantees as to the condition of the property.

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.

Our fee is only $199 for the Quit Claim deed, for any county in Arizona- professionally prepared and guaranteed. There is a $51 filing fee, in addition to our fee.

Recording (§ 11-468) ? All quitclaim deeds are to be filed, along with any necessary fee(s), with the County Recorder's Office in the jurisdiction 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.

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.

What are the Disadvantages of a Quit Claim Deed? No Protections For The Transaction: Unlike warranty deeds, a quitclaim deeds does not offer protections for the new property owner. There is no way to guarantee that the property is owned free and clear, and that there are no easements or restrictions. What is a Quitclaim Deed? | Trust & Will trustandwill.com ? learn ? what-is-a-quitclaim-deed trustandwill.com ? learn ? what-is-a-quitclaim-deed

In other words, the house still remains the separate property of the spouse. However, the marital community is entitled to a type of equitable lien that allows the community to be reimbursed for some of the contributions (payments on the mortgage).

Quitclaim deeds only convey the rights that the conveyor has at the time of the transfer, if any. There are no due diligence requirements on a quitclaim deed in Arizona. This is a common reason quitclaim deeds are used to transfer property to a living trust or after a marriage.

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.