Add Dropdown Menu Fields Legal Arkansas Contract for Deed Forms For Free

What is required on a warranty deed in Arkansas? The deed must be acknowledged and notarized by a notary public in Arkansas. Per § 18-12-102 of the Arkansas Code, a warranty deed must contain the words “grant, bargain, and sell” when stating how the property is being transferred.

The Legal Process of Transferring Real Estate The legal transfer of real estate in Arkansas involves several steps: The owner must sign the Arkansas beneficiary deed and have it notarized to affirm their intent. The deed must be recorded at the county recorder's office before the owner's death to ensure its validity.

An Arkansas quit claim deed allows a grantee to receive a grantor's interest in a property quickly, albeit without any warranty of title. The grantee will be unable to take legal action against the grantor if any encumbrances or other title issues come to light after deed execution.

Unlike a Warranty Deed, the Quitclaim Deed does not include any guarantees about the Property's title. All a Quitclaim Deed does is transfer the exact same rights the owner has at that specific time. If there are outstanding claims against the property, the buyer will be subject to all of the claims.

To change, add or remove a name on your deed a new deed needs to be recorded reflecting the change. Many people think they can come into the office and change the present recorded deed with a form, but that is not the case. Once a deed is recorded it cannot be changed.

All a Quitclaim Deed does is transfer the exact same rights the owner has at that specific time. If there are outstanding claims against the property, the buyer will be subject to all of the claims.

A contract for deed, also called a land contract, is a legal agreement for the sale of property between a buyer and seller, alternative to a mortgage.

This deed must be signed, notarized, and recorded in the county where the property is located. Some counties have more than one recording office, so you need to be sure this deed is being recorded in the correct recording office. Must list the name and address of the person who prepared this deed.

That is an option. But, you'll need to get approval from the mortgage company to add you to the mortgage and your mother will need to submit a gift tax return the year that you're added to the deed. Legally, adding you as an owner is considered "gifting" you the home.