Letter Releasing Interest In Property Without Notice

State:
Multi-State
Control #:
US-00993BG
Format:
Word; 
Rich Text
Instant download

Description

In this form, the owner of an easement terminates his ownership of the easement in favor of the owner of the real property on which the easement was located. This form is a generic example that may be referred to when preparing such a form for your particular state.

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FAQ

Quit claim deeds, also called a non-warranty deeds, are sometimes used to transfer property as well as clear titles. Sellers tend to be more willing to transfer property through quit claim deeds. However, quit claim deeds offer no warranty that the grantor owns or has any rights to transfer the property.

Because a quitclaim deed offers no protection for buyers, it should not be used during traditional real estate sales. There is no guarantee of a clear title. Instead, quitclaim deeds are used when there is a property transfer outside of a real estate sale.

Ohio. In Ohio, quitclaim deed requirements vary from other states. In addition to the name of the grantor of the property, an Ohio quitclaim deed must state the marital status of the grantor and the name of their spouse, if applicable. Additionally, the county where the grantor resides must be on the quitclaim deed.

A quitclaim deed is a legal instrument which is used to transfer interest in real property. The entity transferring its interest is called the grantor, and when the quitclaim deed is properly completed and executed, it transfers any interest the grantor has in the property to a recipient, called the grantee.

TYPES OF DEEDS Grant Deed. The grant deed is used when a person who is on the current deed transfers ownership or adds a new owner. The grantor (donor or seller) promises that all rights to the property are being transferred?there are no hidden owners or easements.

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Letter Releasing Interest In Property Without Notice