Lee's Summit Missouri Quitclaim Deed from Husband and Wife to Husband and Wife

State:
Missouri
City:
Lee's Summit
Control #:
MO-017-77
Format:
Word; 
Rich Text
Instant download

Description

This form is a Quitclaim Deed where the grantors are husband and wife and the grantees are husband and wife. Grantors convey and quitclaim the described property to grantees less and except all oil, gas and minerals, on and under the property owned by Grantors, if any, which are reserved by Grantors. This deed complies with all state statutory laws.

Lee's Summit Missouri Quitclaim Deed from Husband and Wife to Husband and Wife is a legal document that enables the transfer of property ownership between married partners. This type of deed ensures that both spouses have joint ownership rights after the transfer is completed. The Lee's Summit version refers specifically to this document being executed within the jurisdiction of Lee's Summit, Missouri. A Quitclaim Deed is a common way to transfer property ownership in cases where the property is in the possession of both spouses, and they wish to continue owning it jointly. This type of deed does not guarantee the title's validity or provide any warranties regarding the property. Instead, it confirms that any interest one spouse has in the property is being relinquished in favor of the other spouse. By using a Quitclaim Deed, the transferring spouse (granter) essentially "quits" any claim or interest they may have had in the property, transferring it to the other spouse (grantee). This transfer is usually carried out without exchange of money or consideration between the spouses. In Lee's Summit, Missouri, there are no distinct types of Quitclaim Deeds specifically designed for Husband and Wife transfers. However, there may be variations in formatting or language used within the document, which can be customized to meet specific needs or circumstances. Keywords: Lee's Summit Missouri, Quitclaim Deed, Husband and Wife, transfer of property ownership, joint ownership, legal document, property transfer, title, warranties, granter, grantee, relinquish, consideration.

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FAQ

You will need to have the quitclaim deed notarized with the signatures of you and your spouse. Once this is done, the quitclaim deed replaces your former deed and the property officially is in both of your names. You must record the deed at your county office.

Missouri does require that a non-owner spouse sign a deed selling, conveying, or otherwise encumbering a property by the owner spouse. This is a form of ownership specifically created for spouses.

442.400) ? Must be filed at the County Recorder of Deeds. Signing (V.A.M.S. 442.130) ? All quit claim deeds are to be signed with the Grantor(s) in the presence of a Notary Public.

A quitclaim deed transfers the title of a property from one person to another, with little to no buyer protection. The grantor, the person giving away the property, gives their current deed to the grantee, the person receiving the property. The title is transferred without any amendments or additions.

In a common-law state, you can apply for a mortgage without your spouse. Your lender won't be able to consider your spouse's financial circumstances or credit while determining your eligibility. You can also put only your name on the title.

Under Missouri law, a quitclaim deed must be in writing, contain the legal description of the property, and meet specific signing and acknowledgment requirements. You will need to record the deed and pay a recording fee.

Transferring Missouri real estate is a four-step process: Locate the Prior Deed to the Property. The prior deed includes important information that is needed to prepare the new deed.Get a New Deed to the Property.Sign and Notarize the New Deed.Record the New Deed in the Land Records.

One good reason to add a spouse to the deed of your home is for estate planning purposes, which may allow the property to transfer to your spouse outside the probate process, depending on the transfer language utilized in the granting clause. Another reason is for creditor purposes.

What is a Missouri Quit Claim Deed? A Missouri quit claim deed form (sometimes called a quick claim deed or quit claim deed) transfers Missouri real estate from the current owner (grantor) to the new owner (grantee) with no warranty of title.

The Missouri warranty deed is a form of deed that provides an unlimited warranty of title. It makes an absolute guarantee that the current owner has good title to the property. The warranty is not limited to the time that the current owner owned the property.

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Lee's Summit Missouri Quitclaim Deed from Husband and Wife to Husband and Wife