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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.
Quitclaim deeds can be used in a number of different situations, though they are most common when transferring property between family members or spouses. For example, after a divorce one spouse may sign a quitclaim deed to officially sign over ownership of the home.
The answer is: absolutely, but only under very specific and limited circumstances. One common way to use a quit claim deed Missouri is to have a house revert to just one spouse after a divorce. One spouse quits his or her claim and allows the other spouse to have the entire home.
In Missouri, the grantor must sign the deed in the presence of a notary public before presenting it to the county recorder. In the City of St. Louis, both the grantor and grantee must sign the deed. Recording the deed preserves a clear chain of ownership history and provides public notice.
The grantee's address must be on the first page of the legal documents. Additionally, quitclaim deeds in Missouri require a physical description of the property being conveyed as well as the tax parcel number. While only the grantor signs the quitclaim deed in Missouri, they must be notarized.