Set Out Break Deed For Free

Valid quitclaim deeds require the name, address, and county of both the grantor and the grantee; the amount of consideration paid for the real property (usually money); a formal legal description and address for the parcel; the assessor's ID number if available; date of execution; and an acknowledged signature of the ...

For example, if there is a gap in the chain of title or an error in a previous transaction, it may be unclear who owns the property or whether there are any outstanding liens or claims on it.

A broken chain of title occurs if a property's title transfer was fraudulent or inaccurate. In many cases, it's due to human error. Mistakes are more likely to happen during property booms when lenders and attorneys are overwhelmed with all the sales taking place.

Whenever a transfer of title is inaccurate or fraudulent, it causes a break in the chain. Breaks in a chain of title can be classified as either minor or major.

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.

Many contracts for deed require the buyer to pay all property or real estate taxes due on the property. Check your state's statutes or speak with an attorney to determine if the buyer is far enough behind on these payments for you to legally terminate the contract.

Apparent Breaks In Chain Of Title They are cases or situations in which certain necessary information, reflecting actual facts, have not been filed for record. Once this information is made part of the land records, the break disappears. Among the most common apparent breaks, we can cite: Unrecorded Instruments.

Chain of title is the succession of a property's ownership from starting point in the past to the present.