Indianapolis Indiana Warranty Deed from Individual to Individual

State:
Indiana
City:
Indianapolis
Control #:
IN-02-78
Format:
Word; 
PDF; 
Rich Text
Instant download

Description

This form is a Warranty Deed where the grantor is an individual and the grantee is an individual. Upon ordering, you may download the form in Word, Rich Text or Wordperfect formats.

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  • Preview Warranty Deed from Individual to Individual
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FAQ

It usually takes four to six weeks to complete the legal processes involved in the transfer of title.

A general warranty deed is used to transfer real property from one person to another. This type of deed offers the greatest protection for the buyer and has specific requirements for what must be included in the document.

Signing (IC § 32-21-2-3) ? All deed must be executed by one of the following: judge, clerk of a court of record, county auditor, county recorder, notary public, mayor of a city in Indiana or any other state, commissioner appointed in a state other than Indiana by the governor of Indiana, clerk of the city county

12. Who benefits the most from recording a warranty deed? D. Explanation: The grantee is the one who has acquired an interest in the land, and she is the one who benefits the most from recording the deed to provide constructive (legal) notice of that interest.

The only way to forcibly change the ownership status is through a legal action and the resultant court order. However, if an owner chooses to be removed from the deed, it is simply a matter of preparing a new deed transferring that owner's interest in the property.

Submit your document Marion County Assessor: $10.00 per parcel per document; AND $20.00 for each Sales Disclosure, if required. Marion County Recorder: $35.00 per document. The Assessor is responsible for transferring property in Marion County. The transfer stamp from their office is required before it can be recorded.

General warranty deeds give the grantee the most protection, special warranty deeds give the grantee more limited protection, and a quitclaim deed gives the grantee the least protection under the law.

The recording charge is set by the county and we charge a administative fee. For counties from Erie, Elk, Franklin and Centre to Bucks, Berks, and Butler, the charge for a deed transfer across Pennsylvania is $700, with the sole exception of Philadelphia, which is $800. How long does it take?

All parties just need to sign the transfer deed (TR1 form) and file it with the land registry. This needs to be accompanied by the land registry's AP1 form, and if the value of the transaction amounts to more than £40,000, then a stamp duty land tax certificate may also be required.

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Indianapolis Indiana Warranty Deed from Individual to Individual