Boston Massachusetts Quitclaim Deed from an Individual Grantor to a Trust as Grantee

State:
Massachusetts
City:
Boston
Control #:
MA-022-77
Format:
Word; 
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Description

This form is a Quitclaim Deed where the Grantor is an Individual and the Grantee is a Trust. Grantor conveys and quitclaims the described property to Grantee. This deed complies with all state statutory laws.

A Boston Massachusetts Quitclaim Deed from an Individual Granter to a Trust as Grantee refers to a legally binding document that transfers the ownership of a property from an individual granter to a trust. This type of deed is commonly used when an individual wants to transfer their property to a trust, such as a family trust or a living trust. A quitclaim deed is a type of deed that conveys whatever interest the granter has in the property to the grantee, without making any guarantees about the title's validity. It is important to note that a quitclaim deed does not provide any warranty or guarantee regarding the property's title, potential liens, or any existing claims. The use of the term "Boston Massachusetts" specifies that the quitclaim deed is relevant to properties located within the city limits of Boston, Massachusetts. Different states might have variations in their specific requirements for the execution and recording of quitclaim deeds, so it is crucial to follow the laws and regulations of the jurisdiction in which the property is situated. There can be variations in the types of Boston Massachusetts Quitclaim Deed from an Individual Granter to a Trust as Grantee based on specific circumstances. Some common types are: 1. Individual Granter to a Family Trust: This type of quitclaim deed is used when an individual wants to transfer the property they own to a family trust. The granter, who is typically the property owner, transfers their interest in the property to the trust as the grantee. 2. Individual Granter to a Living Trust: This type of quitclaim deed is used when an individual wants to transfer their property to a living trust that they have established. The granter transfers their ownership rights to the living trust, ensuring that the trust will manage the property according to the granter's instructions. 3. Individual Granter to a Revocable Trust: This type of quitclaim deed is applicable when an individual wants to transfer their property to a revocable trust. The granter transfers their ownership rights to the trust, which can be altered or revoked by the granter during their lifetime. It is essential to consult with legal professionals such as attorneys or real estate experts when preparing a Boston Massachusetts Quitclaim Deed from an Individual Granter to a Trust as Grantee. They can ensure that the deed adheres to the requisite legal standards, and assist in clarifying any specific requirements or additional documentation needed for a successful property transfer.

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FAQ

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.

Per Massachusetts General Law Chapter 183 § 4, quitclaim deeds must be filed with the Registry of Deeds Office in the county where the property is located.

How Much Are Transfer Taxes in Massachusetts? The amount of the transfer tax depends on how much the property sells for and its location. The basic transfer tax rate in Massachusetts is $2.28 per $500 of property value. However, some counties charge additional transfer taxes.

How to Write a Massachusetts Quitclaim Deed Preparer's name and address. Name and address of the person to whom the recorded property deed should be returned. County where the property is located. The consideration paid for the property. Grantee's name and address. The legal description of the property.

A deed in which a grantor disclaims all interest in a parcel of real property and then conveys that interest to a grantee. Unlike grantors in other types of deeds, the quitclaim grantor does not promise that his interest in the property is actually valid.

The alternative spellings quit claim deed and quit-claim deed are generally acceptable?though used less frequently. Oklahoma legal professionals also use the word quitclaim as a verb indicating that an owner is transferring an interest without warranty. Release deed can be a synonym for quitclaim deed in some contexts.

Real estate conveyances in Massachusetts are governed under Massachusetts General Laws Chapters 183 and 184. Quitclaim deeds with limited covenants are used to transfer the rights, title, and interest in real estate, if any, from the grantor (seller) to the grantee (buyer).

A Massachusetts quit claim deed is used to legally transfer land and buildings in Massachusetts from a grantor (seller) to a grantee (buyer). A quit claim deed is different from a warranty deed in that it does not provide any warranty as to whether or not the title is clear before the grantor bought the property.

The registry of deeds charges a fee of $125 to record the deed which the buyer pays. All deeds must be notarized by a notary public who must verify the sellers' identification through a state issued driver's license or acceptable form of identification.

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To complete a Quitclaim Deed, you must name the grantor and grantee. Either party can be an individual, corporation, or trust.Third, the warranty deed guarantees that the grantor of the title has the legal right to sell or transfer the property to grantee. For Grantor's title, see Quitclaim Deed froin The First National Bank of Boston to Mechanics. 1853Thus , where a person in possession , withheirs , forever , as tenants in common , not joint out title , quitclaims the land , he gives merely a tenants . For Grantor's title, see Quitclaim Deed froin The First National Bank of Boston to Mechanics. Disclaims) ownership rights in favor of another person. The grantor may or may not be on the current deed. Boston Road in the Municipality of Westford, in Middlesex. Public trust in the ability of the Town to steward its public lands.

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Boston Massachusetts Quitclaim Deed from an Individual Grantor to a Trust as Grantee