This form is an Authority to Release. The county clerk is authorized and requested to release from a deed of trust a parcel of land to the executor of the estate. The form must be signed in the presence of a notary public.
Warranty Deed Vs Quitclaim Deed Form California In Salt Lake
State:
Multi-State
County:
Salt Lake
Control #:
US-00186
Format:
Word;
Rich Text
Instant download
Description
Free preview
Form popularity
FAQ
A warranty deed makes a promise to the buyer that the seller has good title to the property. A quitclaim deed, on the other hand, makes no promises. A quitclaim deed just says; whatever interest I have in this property, I give to you.
A warranty deed offers the strongest protection. It protects the party receiving the property title in case there turns out to be any issues with the title.
How to File a Quitclaim Deed in Utah Step 1: Reference the Original Deed. Step 2: Consult an Attorney. Step 3: Complete the Quitclaim Deed. Step 4: Complete the Water Rights Addendum. Step 5: Sign and Notarize. Step 6: File with the County Recorder.
If you think a quitclaim deed may be appropriate for you, consult an estate planning attorney. They can draft a quitclaim deed for you transferring ownership of the real property from the grantor (or property owner) to the grantee (person receiving the interest). You should sign the deed in front of a notary public.
But unlike a warranty deed and a special warranty deed, which provide certain warranties or guarantees regarding the property's title, a quitclaim deed only transfers whatever interest the grantor may have in the property at the time of the transfer. That interest may be no interest whatsoever.
How to File a Quitclaim Deed in Utah Step 1: Reference the Original Deed. Step 2: Consult an Attorney. Step 3: Complete the Quitclaim Deed. Step 4: Complete the Water Rights Addendum. Step 5: Sign and Notarize. Step 6: File with the County Recorder.
What Is a Quitclaim Deed? 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.
The fundamental difference is that a Grant Deed ensures the grantor has a legal interest in the property, while a Quitclaim Deed releases only the potential interest one might have in a property without any warranties.
This is because a quitclaim deed is a legally binding document that transfers ownership interest in a property from one party to another.
Because of the lack of title guarantees, quitclaim deeds are most often used to transfer property between two parties who know and trust each other, such as family members.