Franklin Ohio Quitclaim Deed from Individual to Individual

Name: Franklin Ohio Quitclaim Deed from Individual to Individual
Brand: US Legal Forms
Rating: 4.85 (273 reviews)

Category:

Ohio Real Estate - Deeds - Quitclaims

State:

Ohio

County:

Franklin

Control #:

OH-02-77

Format:

Instant download

Description

This Quitclaim Deed from Individual to Individual form is a Quitclaim Deed where the Grantor is an individual and the Grantee is an individual. Grantor conveys and quitclaims 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.

A Franklin Ohio Quitclaim Deed from Individual to Individual is a legal document used to transfer ownership of real estate or property between two parties without providing any guarantees or warranties regarding the property's title or condition. It is commonly used in situations where the parties have a pre-existing relationship or trust each other. Keywords: Franklin Ohio Quitclaim Deed, Individual to Individual, property transfer, real estate, ownership, guarantees, warranties, title, condition. There are several types of Franklin Ohio Quitclaim Deed from Individual to Individual, including: 1. General Quitclaim Deed: This type of deed transfers all the granter's interest in the property to the grantee without any specific limitations or conditions imposed. 2. Limited Quitclaim Deed: This deed transfers only a portion or specific interest in the property to the grantee, as stated in the document. 3. Joint Tenancy Quitclaim Deed: This deed is used when multiple individuals collectively own a property, and one person wants to transfer their interest to the other joint tenants. 4. Tenancy in Common Quitclaim Deed: This deed is used when multiple individuals hold an undivided interest in a property, and one person wants to transfer their interest to another individual. 5. Life Estate Quitclaim Deed: This deed allows the granter to transfer their ownership interest in a property to another individual while retaining the right to live in or use the property for the rest of their life. 6. Trust Quitclaim Deed: This deed is used to transfer property into a trust, whereby the granter becomes the trustee and retains control over the property until their death or the specified term ends. Keywords: General Quitclaim Deed, Limited Quitclaim Deed, Joint Tenancy, Tenancy in Common, Life Estate Quitclaim Deed, Trust Quitclaim Deed, real estate transfer, property ownership, granter, grantee, trust, trustee.

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FAQ

Yes. As of February 1, 2002, Ohio law no longer requires two witnesses to the signing of the seller's quitclaim deed or to other transfers of title to real property such as a mortgage or land contract. You can create a valid deed as long as an authorized public notary notarizes it.

To transfer title, you must deliver the executed and acknowledged deed to the grantee. This means that you must give up control over the deed during your lifetime and intend to transfer title to the grantee. To complete the transfer, the grantee must accept the delivered deed.

§ 5301.25) ? Once completed and acknowledged the quit claim deed must be filed at the County Recorder's Office in the jurisdiction where the land is located. Signing (R.C. § 5301.01) ? A quit claim deed in Ohio is required to be signed in the presence of a notary public.

The Deed Transfer Department transfers the owner's name and address on the real estate tax list and duplicate. The department also collects the transfer tax/ conveyance fee ($4.00 per $1,000 of sale price) and the transfer fee ($. 50 per parcel).

A deed of conveyance ? such as a quitclaim or warranty deed ? is the most common way to remove a name from the property deed. A deed of conveyance is usually completed by the buyer and the seller who is being removed from the title and deed.

Record the deed at the recorder's office in the county where the property is located for a valid transfer. Contact the same office to confirm accepted forms of payment. A Conveyance Fee Statement (Form DTE 100, or DTE 100EX if claiming an exemption) must be signed by the grantee and filed with the deed.

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.

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

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.

Despite the amounts involved, it is possible to transfer ownership of your property without money changing hands. This process can either be called a deed of gift or transfer of gift, both definitions mean the same thing. Executing a deed of gift can be a complex undertaking, but it isn't impossible.

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

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1. You will need to draft a new deed reflecting the transfer from the individual owner to the Limited Liability Company. Preparing an Ohio quit claim deed is fast and surprisingly easy.First, date the form and fill in the GRANTOR and GRANTEE names and addresses. -We ask any persons applying for a marriage license to please complete the online marriage application prior to coming in to get your license. A quitclaim deed releases a person's interest in a property without stating the nature of the person's interest or rights, and with no warranties of ownership. If you want to obtain a copy of the deed to your home, contact your local county recorder. Once complete, you'll need to register it with the county clerk's or county recorder's office. Nor can our office assist in filling out any legal forms. REAL ESTATE The parties own real estate located 7800 Jill Lane, Franklin, Ohio 45005. Adjacent neighborhoods in the area.

Franklin Ohio Quitclaim Deed from Individual to Individual

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