Alaska Disclaimer Deed

State:
Multi-State
Control #:
US-01994BG
Format:
Word; 
Rich Text
Instant download

Description

A disclaimer deed is a deed in which a spouse disclaims any interest in the real property acquired by the other spouse. A mortgage company often asks a borrower to sign a disclaimer deed so that his spouse not having her name on the loan, cannot claim any interest in the property.

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FAQ

801. Disclaimer of Property Interests. (a) A person, or the representative of a person, to whom an interest in or with respect to property, or an interest in the property, devolves by whatever means, may disclaim it in whole or in part by delivering or filing a written disclaimer under this section.

The spouses can agree that when one spouse dies, title to the other half of the property passes automatically to the surviving spouse or passes through probate to the beneficiaries or heirs of the spouse who died.

Ownership Changes Recording a deed is best handled through a Title Company. For those doing their own deeds, deed templates are often available online or at office supply stores. The deed must have the names and addresses of both the current ownership and the new ownership, and the legal description of the property.

An Alaska quit claim deed is a document that includes the transfer of ownership in real estate, with no guarantees, from a grantor (seller) to a grantee (buyer). If the grantor has any ownership of the property, it will be transferred to the grantee.

Form PTAX-203, Illinois Real Estate Transfer Declaration, is completed by the buyer and seller and filed at the county in which the property is located. Form PTAX-203-A, Illinois Real Estate Transfer Declaration Supplemental Form A, is used for non-residential property with a sale price over $1 million.

You must sign the deed and get your signature notarized, and then record (file) the deed with the district recorder's office before your death. Otherwise, it won't be valid. You can make a transfer on death deed for Alaska with WillMaker.

(a) If a deed of trust is executed conveying real property located in the state to a trustee as security for the payment of an indebtedness and the deed provides that in case of default or noncompliance with the terms of the trust, the trustee may sell the property for condition broken, the trustee, in addition to the ...

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Alaska Disclaimer Deed