Quit Claim Deed Form Florida To Add Person

State:
Florida
Control #:
FL-011-77
Format:
Word; 
Rich Text
Instant download

Description

This Quitclaim Deed from Corporation to Individual form is a Quitclaim Deed where the Grantor is a corporation and the Grantee is an individual. Grantor conveys and quitclaims the described property to Grantee 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 state statutory laws.

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FAQ

You do not have to be an attorney to prepare a Florida quit claim deed. Absent attorney fees, your costs would only be the recording fees that the county comptroller charges and transfer fees if the property is mortgaged.

Adding a family member to the deed as a joint owner for no consideration is considered a gift of 50% of the property's fair market value for tax purposes. If the value of the gift exceeds the annual exclusion limit ($16,000 for 2022) the donor will need to file a gift tax return (via Form 709) to report the transfer.

Your spouse is not automatically added to the title of the home. A marriage provides ownership, but does not change the title documents. The best way to get that done is with a Quit Claim Deed? Here in Florida, you can get one of those at any title company, real estate attorney or family law attorney.

We recommend you consult with an experienced real estate lawyer for professional advice as each circumstance is unique. (Please note, the fee for our office to add someone to your deed is $650.00, plus recording costs and documentary stamps ? recordings costs are normally less than $50.00.) Want to Know More?

The original property owner adds a new co-owner by recording a deed that transfers the property to the original owner and the new co-owner. The deed must choose a form of co-ownership that includes a right of survivorship.

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Quit Claim Deed Form Florida To Add Person