Lee's Summit Missouri Quitclaim Deed from Two Individuals, or Husband and Wife, to a Trust

State:
Missouri
City:
Lee's Summit
Control #:
MO-055-77
Format:
Word; 
Rich Text
Instant download

Description

This form is a Quitclaim Deed where the Grantors are Husband and Wife, or Two Individuals, and the Grantee is a Trust. Grantors convey and quitclaim the described property to Grantee. This deed complies with all state statutory laws.

A Lee's Summit Missouri Quitclaim Deed from Two Individuals or Husband and Wife to a Trust is a legal document used to transfer real property rights from two individuals or a married couple to a trust entity. This type of deed is commonly utilized in estate planning or asset protection strategies to ensure property ownership is transferred to a trust, while trustees maintain control and management over the property. The Lee's Summit Missouri Quitclaim Deed from Two Individuals, or Husband and Wife, to a Trust provides a transparent and straightforward method to transfer property ownership without the need for warranties or guarantees of title. This type of deed allows the granters to release any rights or claims they may have on the property and conveys their interest to the trust. The trust involved in this process is often established by the granters to hold and manage the property for the benefit of beneficiaries designated in the trust agreement. These beneficiaries could be the granters themselves, their children, or any other designated individuals or organizations. While there may not be different types of Lee's Summit Missouri Quitclaim Deeds from Two Individuals, or Husband and Wife, to a Trust specifically, there could be variations in the specific terms or conditions included in the deed. These aspects may be tailored to meet the unique requirements of the granters and the trust itself, ensuring the property transfer aligns with their intentions and objectives. Some relevant keywords for this topic could include: Lee's Summit Missouri, quitclaim deed, real estate, transfer of ownership, property rights, trust, individuals, husband and wife, asset protection, estate planning, beneficiaries, trust agreement, granters, trustees, property management.

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FAQ

In the state of Missouri, quitclaim deeds allow one owner to transfer his rights to a specific property to someone else. The deed can also be used to remove the name of a spouse in a divorce.

Adding someone to your house deed requires the filing of a legal form known as a quitclaim deed. When executed and notarized, the quitclaim deed legally overrides the current deed to your home. By filing the quitclaim deed, you can add someone to the title of your home, in effect transferring a share of ownership.

Recording (V.A.M.S. 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.

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.

The fee charged by a local County Recorder of Deeds office to record a Beneficiary Deed averages between $24 and $30. The Grantor should contact the local County Recorder of Deeds office to inquire as to the current fee charged. Upon recording the deed the Recorder of Deeds office will mail the original to the Grantor.

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.

How to Transfer Missouri Real Estate 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.

Sign and Notarize the New Deed. The new deed is not valid unless it is signed by the grantor and notarized as required by Missouri law.

?Adding someone to a deed? means transferring ownership to that person. The transfer of ownership can occur during life (with a regular quitclaim deed, for example) or at death (using a lady bird deed, transfer-on-death-deed, or life estate deed).

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.

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This is similar to joint tenancy but can only be applied to married couples or registered same sex partners. Albert L. Caudle Trust.2527 NE. Horseshoe Drive. Mayor Johnston led the Board in the Pledge of Allegiance to the Flag of the United States of America. 2. Harry S Truman's wife, the former Bess Wallace, also had roots in Independence.

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Lee's Summit Missouri Quitclaim Deed from Two Individuals, or Husband and Wife, to a Trust