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.
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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.
Quitclaim deeds are valid in other states, and they are also valid in Texas. The problem isn't with the validity of the deed, but with title insurance. Texas title insurance companies are notoriously wary of quitclaim deeds.
Recording: Texas quitclaim deeds require recording at the County Clerk's Office. This is where the Recorder's Office is located. Submit the form to the county where the property is located, along with the county's filing fees.
Quitclaim Deeds in Texas While quitclaim deeds are legal in all 50 states and used commonly in most of them, Texas is an outlier. The route of the problem is a single section of the Texas property code, which essentially states that unrecorded title transfers in the past are binding to subsequent purchasers.
Texas Quitclaim Deed Laws Prop. Code Section 13.002. Signing - According to Texas Law (Section 11.002(c)), a quitclaim deed must be signed by the Grantor, along with two signing witnesses, or it may be notarized by a Notary Public.
Code Section 13.002. Signing - According to Texas Law (Section 11.002(c)), a quitclaim deed must be signed by the Grantor, along with two signing witnesses, or it may be notarized by a Notary Public. Recording - Once the document has been witnessed or notarized, it must be filed with the County Clerk's Office.
In fact, any document that must be filed in the deed records is required to be notarized.
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.
All signatures on a quitclaim deed must be original. A notary public must witness the deed signing. In Texas, only the seller must sign the deed. However, if some type of special clause or condition applies to the buyer, he may have to sign.
