Fulton Georgia Quitclaim Deed from Individual to Individual

State:
Georgia
County:
Fulton
Control #:
GA-02-77
Format:
Word; 
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Description

This Quitclaim Deed from Individual to Individual form is a Quitclaim Deed where the Grantor is an individual 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 Fulton Georgia Quitclaim Deed from Individual to Individual is a legal document used to transfer the ownership of real estate property between two individuals. This deed provides a way to convey the interest or rights that a person (granter) has in a property to another person (grantee) without any warranties or guarantees. Keywords: Fulton Georgia, Quitclaim Deed, Individual to Individual, property transfer, ownership, real estate, interest, rights, granter, grantee, warranties, guarantees. There are several types of Fulton Georgia Quitclaim Deeds from Individual to Individual, including: 1. Standard Quitclaim Deed: This is the most commonly used form of quitclaim deed in Fulton Georgia. It transfers the granter's interest in the property to the grantee, without any warranty or guarantee of title. It is often used between family members, friends, or in situations where there is a high level of trust between the parties involved. 2. Gift Quitclaim Deed: This type of quitclaim deed is used when the granter wants to transfer the property as a gift to the grantee. It signifies that there is no exchange of value or consideration for the transfer, and it is typically used in situations where there is a close relationship between the parties involved, such as between spouses or immediate family members. 3. Divorce Quitclaim Deed: In cases of divorce, a quitclaim deed may be used to transfer one spouse's interest in the property to the other spouse. This deed ensures that the property is transferred smoothly as part of the divorce settlement, without the need for a warranty of title. 4. Inter-family Quitclaim Deed: This type of quitclaim deed is commonly used to transfer property between family members, such as parents to children or siblings. It allows for an easy transfer of ownership without the need for extensive legal processes. 5. Interfamily Quitclaim Deed: Similar to inter-family quitclaim deed, this version is used within the same family but extends to more distant relatives, such as cousins or nieces/nephews. It is often used when there is a desire to pass down property to future generations without the complications of traditional property sales. In all cases, it is crucial to consult with a qualified attorney or real estate professional to ensure that the quitclaim deed is executed correctly and that the transfer of property ownership is legally binding.

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You can do this through a transfer of equity. This is where a share of equity is transferred to one or multiple people, but the original owner stays on the title deeds. You'll need a Conveyancing Solicitor to complete the legal requirements for you in a transfer of equity.

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.

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.

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 ?

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.

Despite the amounts involved, it is possible to transfer ownership of your property without money changing hands. This process can either be called a deed of gift or transfer of gift, both definitions mean the same thing. Executing a deed of gift can be a complex undertaking, but it isn't impossible.

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.

Quitclaim deeds where one entity wants to transfer property to another have to be in writing, signed by the grantor and two witnesses who can't be people who are parties to the quitclaim deed. According to the Georgia Law (O.C.G.A. 44-5-30), these are the minimum requirements for quitclaim deeds conveying real estate.

A quit claim deed can be used to transfer property or titles. Deeds can be used to transfer property or titles from a grantor (or seller) to a grantee (or buyer).

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.

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Preparing a Georgia quit claim deed is fast and surprisingly easy. First, date the form and fill in the GRANTOR and GRANTEE names and addresses.You can, indeed, transfer your interest in a piece of real property to another person or entity with a quit claim deed in Georgia. There are two types of deeds used in Georgia, a Warranty Deed and a Quit Claim Deed. Here are the steps to completing a deed transfer in Georgia:. Entities, particular requirements detailed below must be met for a deed to be recordable. Individuals (OCGA 44-5-30). How do you fill out a deed? Fulton County quit claim deeds provide information on the individuals involved in the transfer as well as the property.

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Fulton Georgia Quitclaim Deed from Individual to Individual