This form is a Quitclaim Deed where the Grantors are three individuals and the Grantees are two individuals. Grantors convey and quitclaim any interest they might have in the described property to Grantees. This deed complies with all state statutory laws.
Quitclaim Deed Two With Power Of Attorney
Category:
State:
Alabama
Control #:
AL-024-77
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Word;
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How to fill out Alabama Quitclaim Deed From Three Individuals To Two Individuals?
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FAQ
You can transfer the property as power holder to your self.It is Legal. Nothing is wrong and nothing is illegal.
An agent cannot make a gift of his principal's property to himself or others unless it is expressly authorized in the power. James v. James, 843 So. 2d 304, 308 (Fla.
Quitclaim deeds are most often for transferring property between family members or to cure a defect on the title, such as a misspelling of a name.
When a registered PoA authorizes the agent to make the transaction, he can certainly do so however, it does require the free will of the original owner. If the Power of Attorney holder is following all the legal procedures then he cannot be barred by law from selling the property to himself.
Yes. This is a special power of attorney that only allows your agent to sign a deed for the property. This kind of power of attorney must include a legal description of the property that you want to sell.
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A quitclaim deed is a document that is used to transfer ownership of real estate from one party to another. An attorney-in-fact is an agent of the principal.Condominium: A structure of two or more units, the interior space of which is individually owned. You must sign your durable power of attorney in front of a notary or two witnesses. I own the property with my spouse and hold power of attorney for their financial affairs. Can I execute a Transfer on Death Deed for both of us? Quitclaim conveys what. For example, you might authorize power of attorney for your son or daughter to write what is known as a quitclaim deed on the family home. From there, it is important to distinguish between the two main types of POA: medical and financial.