Arizona Sample Letter regarding Form Contract for Quitclaim Deed
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How to fill out Sample Letter Regarding Form Contract For Quitclaim Deed?
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FAQ
Our fee is only $199 for the Quit Claim deed, for any county in Arizona- professionally prepared and guaranteed.
Our fee is only $199 for the Quit Claim deed, for any county in Arizona- professionally prepared and guaranteed. There is a $51 filing fee, in addition to our fee.
Recording ? All quitclaim deeds are to be filed, along with any necessary fee(s), with the County Recorder's Office in the jurisdiction of the property. Signing ? A notary public must first witness the Grantor(s) signature(s) before the form may be filed with the County Recorder.
An Arizona quitclaim deed form must also include the elements that are common in most Arizona deeds, including a valid legal description, statement of consideration, and a description of the manner in which co-owners will hold title.
After executing the quitclaim deed, you should record the document in the county where the property is located. Each county has its recording office where you must place all documents to be recorded.
Due to this, quitclaim deeds typically are not used in situations where the property involved has an outstanding mortgage. After all, it would be difficult for many grantors to pay off a mortgage without proceeds from the sale of the property.
A quit claim deed transfers your property interest to another person or legal entity. When you sign a quit claim deed, you do not make any guarantees or promises about whether someone else also has a legal interest in the property. You are merely signing over your legal interest, if any, in the property.
In a quitclaim deed, the rights of one party pass to another party, called the grantor and grantee, respectively. As a spouse, you give up your interest in the property when you sign a quitclaim deed. This means that you no longer have a legal right to it.
