Franklin Ohio Quitclaim Bill of Sale of Personal Property

State:
Multi-State
County:
Franklin
Control #:
US-02012BG
Format:
Word
Instant download

Description

Section 2-105 of the Uniform Commercial Code defines Goods as follows:


Goods means all things which are movable at the time of identification to the contract for sale other than the money in which the price is to be paid. This would include tangible personal property.


Quitclaim means to transfer whatever interest, if any, a grantor may have in the property, without specifying the interest in any way. No warranty of ownership is given.

The Franklin Ohio Quitclaim Bill of Sale of Personal Property is a legal document used to transfer the ownership rights of personal property from one party to another in Franklin, Ohio. This bill of sale is commonly used in various transactions such as the sale or transfer of motor vehicles, boats, furniture, electronics, and other personal belongings. The Quitclaim Bill of Sale serves as proof of the transfer of ownership and provides a detailed description of the personal property being sold or transferred. It outlines the terms and conditions of the sale, including the purchase price, any warranties or guarantees, and any additional agreements made between the parties involved. Different types of Franklin Ohio Quitclaim Bill of Sale of Personal Property include: 1. Motor Vehicle Quitclaim Bill of Sale: This type of bill of sale is used specifically for the transfer of ownership of motor vehicles, including cars, trucks, motorcycles, and recreational vehicles. It includes detailed information about the vehicle, such as the VIN (Vehicle Identification Number), make, model, year, and mileage. 2. Boat Quitclaim Bill of Sale: This bill of sale is used for the transfer of ownership of boats and watercraft. It includes details such as the hull identification number, make, model, year, and any accessories or equipment included in the sale. 3. Furniture and Household Goods Quitclaim Bill of Sale: This type of bill of sale is used for the transfer of ownership of furniture and household items. It includes a detailed description of each item being sold, including brand, condition, and any warranties or guarantees associated with the items. 4. Electronics Quitclaim Bill of Sale: This bill of sale is used for the transfer of ownership of electronics such as laptops, smartphones, gaming consoles, and other electronic devices. It includes the brand, model, serial number, and condition of each item being sold. By using the Franklin Ohio Quitclaim Bill of Sale of Personal Property, both the buyer and seller can have a clear understanding of the terms of the transaction and protect their rights. It is essential to draft this document accurately, ensuring that all relevant information is included and verified to prevent any potential disputes or legal issues in the future.

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FAQ

Rates vary by state and law office but typically fall in the range of $200 to $400 per hour. Title companies routinely prepare quitclaim deeds in many states. Fees for title companies vary, but a market scan shows an average of $100 to $200 for a simple quitclaim deed.

Disadvantage. The great disadvantage for the grantee who takes property using a quitclaim deed is the fact that if events prove that the grantor had no title, or limited title, to the property, the quitclaim deed does not allow the grantee to sue the grantor.

A quitclaim deed is one of the main types of property transfer deed. It is used to transfer property from one period to another. To use a quitclaim deed in Ohio, fill in a quitclaim deed form and sign it in front of a notary. If you're married, your spouse must sign the Dower Waiver release form.

A quitclaim deed is a legal instrument which is used to transfer interest in real property. The entity transferring its interest is called the grantor, and when the quitclaim deed is properly completed and executed, it transfers any interest the grantor has in the property to a recipient, called the grantee.

No guarantees to the new owner: Unlike a warranty deed, a quitclaim deed does not guarantee that a property is free from title defects such as tax liens or title claims from third parties.

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.

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 use a quitclaim deed in Ohio, fill in a quitclaim deed form and sign it in front of a notary. If you're married, your spouse must sign the Dower Waiver release form. Pay transfer taxes and record the document at the county recorder's office where the property is located.

Ohio county recorders charge a $34.00 recording fee for a deed's first two pages and $8.00 for each subsequent page. A recorder may charge an additional $20.00 fee for filing a deed that does not meet Ohio's formatting standards.

In which of the following situations could a quitclaim deed NOT be used? c. The answer is to warrant that a title is valid.

Interesting Questions

More info

Quitclaim Bill of Sale. The document must be typed or filled out legibly in ink.Recording (R. A quitclaim deed in form and substance reasonably acceptable to Buyer (the "Quitclaim Deed"). Taxable Personal Property Returns — Taxpayers should use these forms and guides to apply for local tax abatements and exemptions and file property returns. Franklin County Auditor's office. The Registries of Deeds receive and record deeds and other instruments concerning titles to land, creating an index to locate land records. 2021 and called to order at p.m. Of Franklin, Tennessee, on Tuesday, June 8, 2010 at p.m. Recorded in the Franklin County Courthouse in Chambersburg on April 15, 2008.

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Franklin Ohio Quitclaim Bill of Sale of Personal Property