Delaware Sample Letter for Quitclaim Deed for Foreclosed Property

State:
Multi-State
Control #:
US-0762LTR
Format:
Word; 
Rich Text
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Description

This form is a sample letter in Word format covering the subject matter of the title of the form.

How to fill out Sample Letter For Quitclaim Deed For Foreclosed Property?

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FAQ

Generally, a quitclaim is a formal renunciation of a legal claim against some other person, or of a right to land. A person who quitclaims renounces or relinquishes a claim to some legal right, or transfers a legal interest in land.

Laws & Requirements Recording Requirements: Delaware Code Title 9, Chapter 96: Delaware has three districts to record quitclaim deeds, and fees vary by county: Fees in Kent County start at $36.00/document, $10.00/page, and $5.00/tax parcel number. Fees in New Castle County are $13.00/page and $3.00/parcel description.

In order for a deed to be valid and enforceable, it must be in writing; describe with specificity the property conveyed; specify the names of the grantor and grantee; be signed; be sealed; be acknowledged; and be delivered.

A quitclaim is an act of giving up your ownership of a property and transferring it to another person. If your grandmother signs her house over to your dad, that's a quitclaim.

NounLaw. a transfer of all one's interest, as in a parcel of real estate, especially without a warranty of title.

Synonyms of quitclaim (noun abdication) abandonment. abjuration. abnegation. abstention.

In addition, a properly executed quit claim deed requires specific information, including the name and address of both the grantor and grantee; the grantee's vesting choice (how to hold title to the property); a complete legal description of the property to be conveyed; the county tax assessment parcel ID (if available ...

?Quitclaim.? Merriam-Webster.com Dictionary, Merriam-Webster, .

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Delaware Sample Letter for Quitclaim Deed for Foreclosed Property