This form is a Quitclaim Bill of Sale. The seller quitclaims to the buyer any and all interest he/she may have in certain personal property. As a condition of the agreement, the Bill of Sale must be signed in the presence of a notary public.
Quitclaim Bill Of Sale Form With Signature Required In Virginia
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A quitclaim deed is signed by the grantor but not always the guarantee, or person receiving the property. The document is usually notarized, and in many states, the deed must be filled with the county clerk in the county where the property lies.
Va. Code § 55.1-363 lays out the specific terminology that quitclaim deeds should use to be clear and legally binding. The document should state that the grantor has or does “remise(d), release(d), and forever quit(ted)claim all his claims upon the said lands to the grantee.”
Signing Requirements: Va. Code § 55.1-612 states the grantor must sign the document. A notary public or two witnesses must observe their signature. Recording Requirements: Per § 55.1-407(A), the grantor must file their quitclaim deed with the County Circuit Court Clerk where the property resides.
In Virginia, only attorneys or property owners can legally prepare a deed.
Signing Requirements – The grantor must have their signature notarized or proved by two witnesses. Recording Fees – $18 for documents of ten (10) or fewer pages, $32 for documents of 11 to 30 pages, and $52 for documents of 31 pages or more (as of this writing).
Here is an example list of the required paperwork that you'd need to complete and submit along with the quitclaim deed itself: Preliminary Change of Ownership Report. Documentary of Transfer Tax, if applicable. Notice of Exempt Transaction, if applicable.
Signing Requirements: Va. Code § 55.1-612 states the grantor must sign the document. A notary public or two witnesses must observe their signature. Recording Requirements: Per § 55.1-407(A), the grantor must file their quitclaim deed with the County Circuit Court Clerk where the property resides.
The quitclaim deed simply transfers any interest they may have to the other party. 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.
