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North Carolina General Warranty Deed from Four Individuals to One...

Fayetteville North Carolina General Warranty Deed from Four Individuals to One Individual

Name: Fayetteville North Carolina General Warranty Deed from Four Individuals to One Individual
Brand: US Legal Forms
Rating: 4.84 (267 reviews)

Category:

North Carolina Real Estate - Deeds - Warranty

State:

North Carolina

City:

Fayetteville

Control #:

NC-029-78

Format:

Instant download

Description

This form is a General Warranty Deed where the Grantors are four (4) individuals and the Grantee is an individual. Grantors convey and generally warrant the described property to the Grantee. This deed complies with all state statutory laws.

Submission to Arbitration of Dispute betwe...

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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.

As a homeowner, you have the ability to execute a quitclaim deed to change ownership, and you don't need to refinance the mortgage loan to file a quitclaim deed. Filing a quitclaim deed will change only the property's ownership and title, not anything regarding the loan.

A General Warranty Deed is a deed in which the party conveying the property (the ?Grantor?) warrants and guarantees to the party receiving the conveyance (the ?Grantee?) that the title to the property he is conveying is good and unencumbered as against all persons.

Yes you can. This is called a transfer of equity but you will need the permission of your lender.

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.

North Carolina's transfer tax rates are straightforward ? expect to pay $1 for every $500 of the sale price. For the state's average home value of $320,291, the transfer tax would amount to $640.58.

A general warranty deed must include the following to be valid: The name and address of the seller (called the grantor) The name and address of the buyer (called the grantee) A legal description of the property (found on the previous deed) A statement that the grantor is transferring the property to the grantee.

?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).

Non-Warranty Deeds In a Non-Warranty or Quitclaim Deed, the seller merely is giving the buyer whatever rights, if any, that the seller has in the property and the seller makes no warranties of any nature about the seller's rights in the property.

The buyer, or grantee, of a property benefits the most from obtaining a warranty deed. Through the recording of a warranty deed, the seller is providing assurances to the buyer should anything unexpected happen.

Yes you can. This is called a transfer of equity but you will need the permission of your lender.

North Carolina's transfer tax rates are straightforward ? expect to pay $1 for every $500 of the sale price. For the state's average home value of $320,291, the transfer tax would amount to $640.58.

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Fayetteville North Carolina General Warranty Deed from Four Individuals to One Individual

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FAQ

How do I add my spouse to my deed in NC?

How do you add a name to a deed without refinancing?

What is a general warranty deed in North Carolina?

Can you add someone to the deeds of your house?

How do I add someone to my deed in NC?

How much does it cost to transfer a deed in NC?

How do I fill out a NC general warranty deed?

What does adding someone to the deed mean?

What is a non warranty deed in NC?

Who benefits the most from a warranty deed?

How do I add my spouse to my deed in NC?

How do you add a name to a deed without refinancing?

What is a general warranty deed in North Carolina?

Can you add someone to the deeds of your house?

How do I add someone to my deed in NC?

How much does it cost to transfer a deed in NC?

How do I fill out a NC general warranty deed?

What does adding someone to the deed mean?

What is a non warranty deed in NC?

Who benefits the most from a warranty deed?

Interesting Questions

What is a General Warranty Deed?

Who are the parties involved in this General Warranty Deed?

What does it mean to transfer ownership with a guarantee?

Are there any potential issues with the property's title that could arise?

What if there are any hidden defects or liens on the property's title?

Is the warranty limited to the grantors' ownership period only?

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