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Get AL Warranty Deed 2020-2024
Ly------------- WARRANTY DEED (Two Individuals to Husband and Wife) KNOW ALL MEN BY THESE PRESENTS THAT: FOR VALUABLE CONSIDERATION OF TEN DOLLARS ($10.00), and other good and valuable consideration, cash in hand paid, the receipt and sufficiency of which is hereby acknowledged, and , hereinafter referred to as Grantors , do hereby grant, convey and warrant unto and , H.
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FAQ
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Attorney Involvement All legal documents must be drafted by an attorney licensed to practice in the State of Alabama. Parties to a transaction can draft their own documents if they are doing so on behalf of themselves.
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Due to this, quitclaim deeds typically are not used in situations where the property involved has an outstanding mortgage. After all, it would be difficult for many grantors to pay off a mortgage without proceeds from the sale of the property.
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A quitclaim deed is a legal document that transfers interests in property to another. The property that is commonly transferred by quitclaim deed includes a house, land, mobile home, or time share. A quitclaim deed is used often by divorcing couples to transfer property that was owned by the spouses.
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NOTE: The Recorder of Deeds office does not provide blank forms of any kind. 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.
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The deed should be signed by the current owner or owners, with each signature notarized using Alabama's statutorily approved acknowledgments. There is no need for the new owners (grantees) to sign the deed.
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What is an Alabama survivorship Deed? In Alabama, survivorship deeds are sometimes used for ownership among multiple property owners. Following the death of one of the owners, a survivorship deed passes ownership on to the surviving owner automatically, by operation of law, without the need for probate.
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Attorney Involvement All legal documents must be drafted by an attorney licensed to practice in the State of Alabama. Parties to a transaction can draft their own documents if they are doing so on behalf of themselves.
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Before you transfer real property, you should consult with a local Alabama Property Deed attorney that knows local property deed laws. Quitclaim deeds are generally a quicker and less expensive way to transfer property ownership. Most local attorneys can prepare a property deed in Alabama for you for a low flat rate.
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