This Warranty Deed from Individual to Individual form is a Warranty Deed where the Grantor is an individual and the Grantee is an individual. Grantor conveys and warrants the described property to Grantee less and except all oil, gas and minerals, on and under the property owned by Grantor, if any, which are reserved by Grantor. This deed complies with all state statutory laws.
Omaha Nebraska Warranty Deed from Individual to Individual
Category:
State:
Nebraska
City:
Omaha
Control #:
NE-02-78
Format:
Word;
Rich Text
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How to fill out Nebraska Warranty Deed From Individual To Individual?
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FAQ
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.
Stat. §§ 76-3401-76-3423 (the ?Act?). The Act allows an individual to transfer property located in Nebraska to one or more beneficiaries effective at the transferor's death through the use of a special deed referred to as a ?Transfer on Death Deed.?
The Act allows an individual to transfer property located in Nebraska to one or more beneficiaries effective at the transferor's death through the use of a special deed referred to as a ?Transfer on Death Deed.?
Documents Required: Certified true copy of the new title or Photocopy of New Title but present original Owner's copy of the new title. Photocopy of the previous title. Deed of conveyance. Certified true copy of latest Tax Declaration (For BIR purposes) Transfer Tax Receipt (original and 2 photocopies)
When the owner dies, a Nebraska TOD deed transfers title to the beneficiary named in the deed. The beneficiary formally takes title by recording the owner's death certificate and a cover sheet with the register of deeds.
All parties just need to sign the transfer deed (TR1 form) and file it with the land registry. This needs to be accompanied by the land registry's AP1 form, and if the value of the transaction amounts to more than £40,000, then a stamp duty land tax certificate may also be required.
Nebraska Quitclaim Deed Laws Signing - All quitclaim deeds written in the state must be signed by the individual(s) selling the property in the presence of a Notary Public (NRS 76-211) Recording - All quitclaim deeds must be filed in the County Recorder's Office in the city or county where the property is located.
To complete the transfer, the deed must be recorded in the office of the Register of Deeds of the county where the property is located. All deeds also require a Form 521 - Real Estate Transfer Statement.