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Maryland Quitclaim Deed from Individual to Husband and Wife

Quitclaim Deed Maryland

Name: Maryland Quitclaim Deed from Individual to Husband and Wife
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.84 (297 reviews)

Category:

Maryland Real Estate - Deeds - Quitclaims

State:

Maryland

Control #:

MD-01-77

Format:

Instant download

Description Quit Claim Deed Maryland

This Quitclaim Deed from Individual to Husband and Wife form is a Quitclaim Deed where the Grantor is an individual and the Grantees are husband and wife. Grantor conveys and quitclaims the described property to Grantees, less and except all oil, gas and minerals, on and under the property owned by Grantor, if any, which are reserved by Grantor. This deed complies with all applicable state statutory laws.

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FAQ

A Quitclaim Deed must be notarized by a notary public or attorney in order to be valid.Consideration in a Quitclaim Deed is what the Grantee will pay to the Grantor for the interest in the property.

To change the names on a real estate deed, you will need to file a new deed with the Division of Land Records in the Circuit Court for the county where the property is located. The clerk will record the new deed.

Documents: To submit the quitclaim deed to the Clerk of the Circuit Court, you must have a Land Intake Sheet with the deed. Filing: Quitclaim deeds in Maryland are filed with the Clerk of the Circuit Court in the county where the property is located. Each county has its own filing fee.

A quitclaim deed doesn't always need to be signed before the divorce is final. Your divorce judgment will detail the terms of your property settlement agreement, and the requirement for transferring title will likely be incorporated into this agreement.

But you might be wondering if an owner can transfer a deed to another person without a real estate lawyer. The answer is yes. Parties to a transaction are always free to prepare their own deeds.A quitclaim deed, for example, is far simpler than a warranty deed.

The drawback, quite simply, is that quitclaim deeds offer the grantee/recipient no protection or guarantees whatsoever about the property or their ownership of it. Maybe the grantor did not own the property at all, or maybe they only had partial ownership.

Quitclaim deeds are most often used to transfer property between family members.Examples include when an owner gets married and wants to add a spouse's name to the title or deed, or when the owners divorce and one spouse's name is removed from the title or deed.

Fill out the quit claim deed form, which can be obtained online, or write your own using the form as a guide. The person giving up the interest in the property is the grantor, and the person receiving the interest is the grantee.

Quitclaim Deed Maryland

Description Quit Claim Deed Maryland