Does Texas recognize quit claim deeds?

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.

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Quitclaim and Bill of Sale of Pipeline

Collin Texas Quitclaim and Bill of Sale of Pipeline

Name: Collin Texas Quitclaim and Bill of Sale of Pipeline
Brand: US Legal Forms
Rating: 4.61 (401 reviews)

Category:

Oil Gas and Minerals - Bills of Sale

State:

Multi-State

County:

Collin

Control #:

US-OG-306

Format:

Instant download

Description

This form is used when Seller assigns, sells, transfers, and quit claims to Buyer, all of Seller's rights, title, and interests in a pipeline in place, consisting of approximately (number)feet of (number) inch line located on certain lands.

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FAQ

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.

Wisely, TLTA put forth a specific solution. Four years after the recording of a quitclaim, a lender or a potential buyer is protected, and no longer deemed to have notice of unrecorded transactions.

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.

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.

A Texas quit claim deed is a two-page document that allows property to be transferred from a seller (the grantor(s)) to a buyer (the grantee(s)).

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.

Quitclaim deeds can't be reversed, but a new quitclaim deed can be issued to transfer the rights back.

This includes deeds, wills, trusts, oil and gas leases and many other kinds of documents. In fact, any document that must be filed in the deed records is required to be notarized.

More info

In a deed of trust, the mortgagor conveys only the equitable title and retains the legal title, whereas a sale transfers legal title. Volume 04369, Page 02124 ofthe Land Records of Collin County, Texas.QUIT CLAIM DEED. At a.m. Pipeline to be located in a proposed tunnel beneath the Straits. To find out if a building permit has been issued please click here. Proceeds from the sale thereof, other than a Working Interest. RMIS Instrument Search Criteria. All bills are effective. At the same time, he began selling numerous detective stories to Mike Shayne Mystery Magazine, and proved quite popular with readers.

Collin Texas Quitclaim and Bill of Sale of Pipeline

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Does Texas recognize quit claim deeds?

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Do you need a witness for a quitclaim deed in Texas?

What is a quit claim deed form Texas?

Does a quitclaim deed need to be notarized in Texas?

How do I file a quit claim deed in Texas?

Can a quit claim deed be reversed in Texas?

Do deeds in Texas have to be notarized?

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