Atlanta Georgia Quitclaim Deed from Corporation to Individual

State:
Georgia
City:
Atlanta
Control #:
GA-011-77
Format:
Word; 
Rich Text
Instant download

Description

This Quitclaim Deed from Corporation to Individual form is a Quitclaim Deed where the Grantor is a corporation and the Grantee is an individual. Grantor conveys and quitclaims the described property to Grantee less and except all oil, gas and minerals, on and under the property owned by Grantor, if any, which are reserved by Grantor. This deed complies with all state statutory laws.

A quitclaim deed is a legal document that transfers the ownership of a property from one party to another. In the context of Atlanta, Georgia, a quitclaim deed from a corporation to an individual refers to the transfer of property ownership from a business entity to a single person. This type of deed is commonly used when a corporation wishes to relinquish its ownership rights or when a shareholder or member of the corporation wants to obtain full ownership of a property. The Atlanta Georgia quitclaim deed from corporation to an individual serves as a legal record of the transfer and outlines the details of the transaction. It includes information such as the names and addresses of both parties involved, a description of the property being transferred, and any specifics regarding liabilities or encumbrances on the property. The deed also requires signatures from authorized representatives of the corporation, along with witnesses and notarization. There are no specific subtypes of the Atlanta Georgia quitclaim deed from corporation to an individual, as it primarily refers to the transfer of ownership from a corporate entity to a singular person. However, variations may exist based on the specific circumstances of the transfer, such as the stipulation of conditions or specific provisions outlined in the deed. For instance, the deed could include clauses regarding existing leases, encroachments, or any outstanding mortgages or liens. Keywords: Atlanta, Georgia quitclaim deed, corporation, individual, property ownership, legal document, transfer, shareholder, member, relinquish, encumbrances, liabilities, notarization, legal record, conditions, provisions.

Free preview
  • Form preview
  • Form preview
  • Form preview

How to fill out Atlanta Georgia Quitclaim Deed From Corporation To Individual?

Regardless of social or occupational standing, completing legal documents is a regrettable requirement in today’s society.

Frequently, it’s nearly impossible for individuals lacking legal knowledge to generate such documents independently, primarily due to the intricate terminology and legal nuances involved.

This is where US Legal Forms proves useful.

Make sure the form you have discovered is tailored to your area, as the laws of one state or county do not apply to another.

Review the form and consult any brief description provided regarding the scenarios that the document may be applicable for.

  1. Our platform offers an extensive collection with over 85,000 ready-to-use, state-specific documents applicable to nearly any legal situation.
  2. US Legal Forms is also a valuable resource for partners or legal advisors aiming to enhance their efficiency in time management through our DIY forms.
  3. Whether you need the Atlanta Georgia Quitclaim Deed from Corporation to Individual or any other documentation that will be recognized in your state or county, US Legal Forms has it all.
  4. Here’s how to quickly obtain the Atlanta Georgia Quitclaim Deed from Corporation to Individual using our reliable platform.
  5. If you’re an existing customer, simply Log In to your account to download the required form.
  6. However, if you are new to our collection, be sure to follow these instructions before downloading the Atlanta Georgia Quitclaim Deed from Corporation to Individual.

Form popularity

FAQ

The State of Georgia Transfer Tax is imposed at the rate of $1.00 per thousand (plus $0.10 / hundred) based upon the value of the property conveyed. Example: A property selling for $550,000.00 would incur a $550.00 State of Georgia Transfer Tax.

Here are the steps to completing a deed transfer in Georgia: Names the Current Owner and New Owner. Contains a Description of the Property. Signed by Current Owner. Two Witnesses: Unofficial Witness & Notary Public. Complete a PT-61, Transfer Tax Form. Record Deed in County Real Estate Records.

Georgia Quit Claim Deed Also called a non-warranty deed, a quitclaim is one of the methods for transferring residential or commercial property between family members. This legal form conveys only that interest held by the grantor and a title to real estate.

Quick Claim Deed Ga While you will not require an attorney for this legal form, it must be signed and a notary public will be required to notarize the signatures of both parties, the grantor as well as the grantee.

Moving Forward Type of DocumentPrior Fee StructureNew FeeDeed of Transfer (e.g., Limited Warranty Deed, Quitclaim Deed)$10.00 for the first page, $2.00 for each add'l page$25.00Security Instrument or Modification of Security Instrument (e.g., Security Deed, ALR)$10.00 for the first page, $2.00 for each add'l page$25.006 more rows ?

How to Write and File a Quitclaim Deed in Georgia Step 1 ? Obtain the Georgia Quitclaim Deed Form.Step 2 ? Fill out Form Details.Step 3 ? Write Deed Delivery Name and Address.Step 4 ? Enter Preparer's Name and Address.Step 5 ? Get Signatures and Have Deed Notarized.Step 6 ? Pay Real Estate Transfer Tax.

A Quit Claim Deed transfers ownership interest of the grantor to the grantee without any warranties or guarantees that title is good or that the property is free of liens or claims. The deed must describe the real property, full legal description. Be signed and notarized by the grantor with a witness.

Moving Forward Type of DocumentPrior Fee StructureNew FeeDeed of Transfer (e.g., Limited Warranty Deed, Quitclaim Deed)$10.00 for the first page, $2.00 for each add'l page$25.00Security Instrument or Modification of Security Instrument (e.g., Security Deed, ALR)$10.00 for the first page, $2.00 for each add'l page$25.006 more rows ?

Although there is no time limit for recording a Georgia quitclaim deed, failing to do so can result in potential problems. For example, if the grantor conveys a real estate to one grantee who doesn't record the quitclaim deed, and to the other grantee who does, the first grantee loses the property.

Interesting Questions

More info

To complete a Quitclaim Deed, you must name the grantor and grantee. Either party can be an individual, corporation, or trust.Are you interested in transferring your residential property to a loved one in Georgia? Download our free Georgia quitclaim deed form here to get started. A quitclaim deed transfers a seller's right to property to another party without completing the traditional sale process. If you have questions regarding a property, whether it be the deed or lien index, you must conduct research independently or contact a title search company. How can I have the title to my property in Georgia search if I live in another state? Corporate Acknowledgement . Individuals must fill out Section 1. The City will execute Quit Claim deeds at closing.

Individuals or companies can have a corporate acknowledgement which is a formal notice that includes a full copy of the deed. Corporate acknowledgement can also be found in the Land Title Search. In the case of corporate acknowledgement, you are advised to have the acknowledgement posted conspicuously on property boundaries. Corporate acknowledgement documents, unlike Quit Claim Deed's, are the responsibility of the entity that has the acknowledgement. If you can't find the acknowledgement in the Quit Claim Deed, consult a Title Search. What Is Part 7 of Chapter 7-11 of the Georgia General Statutes? Georgia General Statutes Section 7 — Part 7.1 of Georgia General Statutes is referred to as Property Protection of Persons. The Georgia Legislature created a protection order process for persons to receive the full ownership and possession of property. Persons can use the protection order process by filing a Writ of Mandamus (a formal lawsuit) with the appropriate court.

Disclaimer
The materials in this section are taken from public sources. We disclaim all representations or any warranties, express or implied, as to the accuracy, authenticity, reliability, accessibility, adequacy, or completeness of any data in this paragraph. Nevertheless, we make every effort to cite public sources deemed reliable and trustworthy.

Trusted and secure by over 3 million people of the world’s leading companies

Atlanta Georgia Quitclaim Deed from Corporation to Individual