![]() The wide variety of options available from Standard Legal allows a person to quickly, easily and affordably create a Deed for the specific situation, with each Deed tailored to the writer’s marital status and the marital status of the others involved in the transaction. ![]() – A variety of forms that cover transfers to and from unmarried couples. ![]() The deeds with Survivorship language are available for the following marital status situations: – And finally, a Quitclaim Deed that allows individuals or couples to transfer property into a Trust (or, conversely, from a Trust back to individuals or a married couple). – A variety of forms that cover transfers to and from unmarried couples – Single individual transferring property to another single individual – Single individual transferring property to a married couple – Married couple transferring property to a single individual – Married couple transferring property to another married couple (Such a deed also permits one spouse who owns property in his or her name only to transfer that property to both spouses with survivorship.) Options to this structure include a Quitclaim Deed with Survivorship and a Warranty Deed with Survivorship.Įach of the Warranty Deed and Quitclaim Deed options listed above are available for the following marital status situations: Most arms-length sales of residential property utilize a warranty deed.ĭeeds created “with survivorship” mean that if one of the named owners dies, the other listed owner(s) retains full title to the property. without encumbrances except those that are filed on record). This deed “warrants” that the property is being transferred with clear title (i.e. This deed is the one most commonly used for general real estate transactions. This type of deed is generally used in “AS-IS” sales situations, or for transfers among family members, Trusts, etc., where an arms-length real estate sale does not take place. This deed can be used when transferring or conveying property from one party to another without representation or warranties. Within Standard Legal’s Quitclaim Deeds legal forms software package are three types of commonly used deed types: QUITCLAIM DEEDS, WARRANTY DEEDS AND SURVIVORSHIP DEEDS HUNDREDS OF THOUSANDS OF SATISFIED CUSTOMERS SINCE 2002. QUITCLAIM DEED DOCUMENT SOFTWARE EXAMPLES – if a Living Trust or other estate-planning tool (besides a Last Will & Testament,) is prepared, persons must transfer ownership of the real estate into the Trust to make such a transfer requires the use of a Quitclaim Deed. If one person is going to keep the home, the other person will need to “quit claim” - give up - their portion of the home. – in Divorce situations, any change in ownership for real estate held within the marriage may necessitate the use of a Quitclaim Deed. The family member(s) who will hold ownership in the property are named in the Deed, and then the Deed is executed and filed. without creating and signing a real estate contract or for an amount far under market value, the family can simply prepare a Deed. If a person wishes to transfer property to a spouse, child, friend, family member, etc. The buyer then files the Deed with the recorder’s office or real estate office in the county where the property is located to complete the transaction. When closing an arms-length real estate sale (a transaction not between family members purchased at market rate), the buyer pays the seller who in turn provides the Deed to the buyer. If you have the need to transfer title on a piece of real estate, then invariably you will need to create, execute and file a Deed.Ī Deed is the document that transfers ownership in property from one living person or legal entity to another. Description AMERICA’S BEST QUITCLAIM DEED SELF-HELP LEGAL DOCUMENT SOFTWARE
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