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What Is a Quitclaim Deed in Massachusetts? A Massachusetts quitclaim deed ? comparable to special warranty deeds in other states ? is a document used to legally transfer property and buildings from one party to another, such as a seller and buyer.
Document must be signed with an original signature and notarized if required. Signers' and notaries' names must be printed under the signature. Notary expiration date is required. Do not put social security numbers or personal identification numbers on any recorded document.
Document must be signed with an original signature and notarized if required. Signers' and notaries' names must be printed under the signature. Notary expiration date is required. Do not put social security numbers or personal identification numbers on any recorded document.
In Massachusetts, the grantor must sign in the presence of a notary and the deed must be immediately filed by the grantee with the registry of deeds in the county in which the property is located.
The quitclaim deed is the most commonly used deed in the purchase and sale of residential property in Massachusetts. It plays a fundamental role in the types of assurances the seller makes when transferring its rights, and in how the buyer takes title.
The seller typically pays the deed stamps (a tax paid at the registry of deeds $4.56 per thousand of purchase price) realtor commissions, fees for clearing title, mortgage payoff and fees associated with the mortgage.
In Person. A copy or certified copy of your deed can be obtained at the Suffolk Registry of Deeds, located in the Edward W. Brooke Courthouse, 24 New Chardon St. 1st Floor, Boston, MA 02114.
Fiduciary or Release Deed When a fiduciary deed is used in Massachusetts, the seller is conveying merely the interest he legally has in the property to the buyer, if he has anything at all. Through a fiduciary deed, there is no guarantee that the seller even has an interest.
Recording ? All deeds must be brought to the Registry of Deeds Office in the district where the property is located along with the Required Filing Fee. Signing (M.G.L.A. 183 § 29) ? All deeds that are to be recorded in the State of Massachusetts must be acknowledged in the presence of a notary public.
In Massachusetts, there are three types of property deeds used for real estate transactions: warranty deeds, quitclaim deeds and release deeds. Each type of deed offers varying levels of protection and guarantees against flaws in the title of the transferred real estate.