Quit Claim Deed In Ohio
Description
How to fill out Ohio Quitclaim Deed From Individual To Two Individuals In Joint Tenancy?
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FAQ
Yes. As of February 1, 2002, Ohio law no longer requires two witnesses to the signing of the seller's quitclaim deed or to other transfers of title to real property such as a mortgage or land contract. You can create a valid deed as long as an authorized public notary notarizes it.
Record the deed at the recorder's office in the county where the property is located for a valid transfer. Contact the same office to confirm accepted forms of payment. A Conveyance Fee Statement (Form DTE 100, or DTE 100EX if claiming an exemption) must be signed by the grantee and filed with the deed.
In a quitclaim deed, the rights of one party pass to another party, called the grantor and grantee, respectively. As a spouse, you give up your interest in the property when you sign a quitclaim deed. This means that you no longer have a legal right to it.
A transmutation agreement is a postnuptial agreement. In this sense, it is a document that allows married couples to change the nature of the property they own for their benefit, either to avoid a messy divorce due to property disputes in the future or for tax benefits and other assorted purposes.
To transfer title, you must deliver the executed and acknowledged deed to the grantee. This means that you must give up control over the deed during your lifetime and intend to transfer title to the grantee. To complete the transfer, the grantee must accept the delivered deed.