This form is a Quitclaim Deed where the Grantor is Trust and the Grantee is an individual. Grantor conveys and quitclaims the described property to Grantee. This deed complies with all state statutory laws.
Memphis Tennessee Quitclaim Deed from a Trust to an Individual
Category:
State:
Tennessee
City:
Memphis
Control #:
TN-036-77
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How to fill out Tennessee Quitclaim Deed From A Trust To An Individual?
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FAQ
Per Tennessee Code § 67-4-409, the state imposes a Realty Transfer Tax on most transfers of real property. For quitclaim deeds, the amount of the tax is at a rate of $0.37 per $100 of the property's purchase price.
How to Write a Tennessee Quitclaim Deed Preparer's name and address. Full name and mailing address of the person to whom the recorded deed should be sent. County where the real property is located. The consideration paid for the property. Grantor's name and address. Grantee's name and address.
How to File a Quitclaim Deed Obtain a quitclaim deed form. Your very first step is obtaining your quitclaim deed.Fill out the quitclaim deed form.Get the quitclaim deed notarized.Take the quitclaim deed to the County Recorder's Office.File the appropriate paperwork.
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.
Finally, quit claim deeds are another common way that properties are conveyed in the State of Tennessee. Quit claim deeds are often used to convey property from one person to another or to add additional people to title.
Under Tennessee law, a quitclaim deed must be in writing and signed by the grantor. Either the deed must have two witnesses, or the grantor's signature must be acknowledged before a notary public or other public official. The deed must be recorded, and you will likely pay a Realty Transfer Tax and filing fees.
To present a deed to be recorded in Shelby County, go to the Register of Deeds, located at 1075 Mullins Station Rd., Suite 165, Memphis, TN 38134. For general information, call 901.379. 7500. They are open M-F from 8am-pm.