Grantor Grantee Statement With Name Change
Description
How to fill out Affidavit Regarding The Identity Of A Grantor And Grantee Of Real Property?
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FAQ
A General Warranty Deed or Special Warranty Deed may be used, however, the most common deed used after a divorce is a Special Warranty Deed. The spouse whose name is to be removed from the title will need to sign the deed in front of any notary.
For instance, a grantor could be a father who has created a trust to control and manage his real estate property, money and investments and transfer them to his family upon his demise. Since it is a legal process, the terms of management, taxation and transfer will be specified in the agreement or a deed.
The grantor or his agent affirms that, to the best of his knowledge, the name of the grantee shown on the deed or assignment of beneficial interest in a land trust is either a natural person, an Illinois corporation or foreign corporation authorized to do business or acquire and hold title to real estate in Illinois, a ...
Transfers of real property must be in writing and notarized. Deeds should be recorded in the county where the property is located. To ensure a legal change to the property title, you'll want the services of an attorney. A qualified attorney will prepare and file the real estate transfer deed.
The Grantor is any person conveying or encumbering, whom any Lis Pendens, Judgments, Writ of Attachment, or Claims of Separate or Community Property shall be placed on record. The Grantor is the seller (on deeds), or borrower (on mortgages). The Grantor is usually the one who signed the document.