Quit Claim Deed Wisconsin Divorce Without A Lawyer

State:
Wisconsin
Control #:
WI-09-77
Format:
Word; 
Rich Text
Instant download

Description

This Quitclaim Deed from Husband and Wife to LLC form is a Quitclaim Deed where the grantors are husband and wife and the grantee is a limited liability company. This deed conforms to all state statutory laws and reserves the right of grantors to reenter in light of any oil, gas, or minerals that are found on the described property.

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FAQ

How to Create a Wisconsin Quitclaim Deed Names of the parties to the deed; A legal description of the real estate; ... Material terms or conditions of transfer;33 and, The identity of the individual who prepared the deed.

A loan assumption or modification could release a co-borrower from your mortgage without refinancing into a new loan, preserving the current state of homeownership. However, mortgage lenders aren't required to grant assumptions or modifications, so be willing to negotiate.

A $30 filing fee is typically required. Transfer Tax: Yes: 30 cents for each $100 value or fraction of $100.

A refinance is one way to remove someone's name from the mortgage. This protects the spouse who no longer has ownership interest in the home. It can be an important step if that spouse plans to purchase a house after the divorce and take on a new mortgage.

Legal instruments such as warranty deeds, quit claim deeds, etc., that convey title from one property owner to a new owner, are usually drafted by attorneys, or paralegals or legal secretaries under the supervision of an attorney.

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Quit Claim Deed Wisconsin Divorce Without A Lawyer