Oklahoma City Oklahoma Quitclaim Deed from Husband, Wife and an Individual to an Individual

Name: Oklahoma City Oklahoma Quitclaim Deed from Husband, Wife and an Individual to an Individual
Brand: US Legal Forms
Rating: 4.55 (472 reviews)

Category:

Oklahoma Real Estate - Deeds - Quitclaims

State:

Oklahoma

City:

Oklahoma City

Control #:

OK-029-77

Format:

Instant download

Description

This form is a Quitclaim Deed where the Grantors are husband, wife and an individual and the Grantee is an individual. Grantors convey and quitclaim any interest they might have in the described property to Grantee. This deed complies with all state statutory laws.

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How to fill out Oklahoma City Oklahoma Quitclaim Deed From Husband, Wife And An Individual To An Individual?

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FAQ

If you've recently married and already own a home or other real estate, you may want to add your new spouse to the deed for your property so the two of you own it jointly. To add a spouse to a deed, all you have to do is literally fill out, sign and record a new deed in your county recorder's office.

Both spouses must sign a deed if the owner is married and the real estate qualifies as a homestead?unless the non-owner spouse resides outside Oklahoma.

A quitclaim deed effectively transfers whatever interest the current owner can transfer when signing the deed?including any interest that vests in the future. The new owner, though, cannot sue the current owner for breach of warranty if the transferred interest ends up being invalid or flawed.

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.

We recommend you consult with an experienced real estate lawyer for professional advice as each circumstance is unique. (Please note, the fee for our office to add someone to your deed is $650.00, plus recording costs and documentary stamps ? recordings costs are normally less than $50.00.)

If the wife's name is not on the deed, it doesn't matter. It's still marital property because it was bought during the marriage. This makes it marital property and is still split between both parties. The wife is entitled to receive either equal share or equitable share of the house.

To change the names on a real estate deed, you will need to file a new deed with the Division of Land Records in the Circuit Court for the county where the property is located. The clerk will record the new deed.

What is the cost to file an Oklahoma deed? County clerks in Oklahoma charge $18.00 for recording a deed's first page and $2.00 for each additional page. Oklahoma also assesses a transfer fee?called a documentary stamp tax?that must be paid before the clerk will accept a non-exempt deed for recording.

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.

Interesting Questions

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Of the first part, and. What happens when the property owner dies?The person who is named as a beneficiary should file an "Affidavit of Death" in the county records. Wondering how to avoid probate in Oklahoma? A quitclaim deed is a legal instrument that transfers the grantor's legal interest in a piece of real property to another person (the grantee). EXAMPLE: Amanda, who owns a house with her sister, wants to transfer her half of the property to her living trust. Can A Married Person Get A Mortgage Without Their Spouse, And How Is This Done? Brown Brown, Oklahoma City, Okla. A quitclaim deed is used in real estate transactions to quickly and simply transfer ownership interest in a piece of property. You can also download them online from legal forms vendors or some title companies in California. 2.

How do I know if the property is covered? Does the owner have to be in good standing to sell? Under state statute, the owner of a legal-tender, registered-title “property” must have, in good standing, the legal title to the property. An unregistered-tort title is treated as unclaimed property and is subject to being returned to the owner. If the owner does not own the property, then the owner of the property is responsible for paying taxes on it. You can find more information at Oklahoman's for Justice's website, 3. What if my spouse, kid or grandkid died and my name wasn't removed from the estate? The person's will or the law may state that they don't have to send a notice of death, which will require them to pay. A few courts have ruled that if they have any special needs, they will not have to pay. Check with your lawyer about whether the person has any special needs. You can find more information at the Oklahoma Bar website.

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Oklahoma City Oklahoma Quitclaim Deed from Husband, Wife and an Individual to an Individual

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How to fill out Oklahoma City Oklahoma Quitclaim Deed From Husband, Wife And An Individual To An Individual?

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FAQ

How can I put my wifes name on my house?

Does spouse have to be on deed in Oklahoma?

How does a quit claim deed work in Oklahoma?

How do I add my spouse to my house deed in Oklahoma?

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What are my rights if my name is not on a deed but married in Oklahoma?

How do I add someone to the deed of my house in Maryland?

Can I add my wife to the deed after quitclaim deed?

How much does it cost to file a quick claim deed in Oklahoma?

Should my wife be on the house deed?

Interesting Questions

What is a Quitclaim Deed in Oklahoma City?

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Do I need an attorney to prepare a Quitclaim Deed in Oklahoma City?

Is a Quitclaim Deed the same as a Warranty Deed in Oklahoma City?

Can a Quitclaim Deed remove someone's name from a mortgage in Oklahoma City?

Are there any tax implications when using a Quitclaim Deed in Oklahoma City?

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