Maine Lost Deed Affidavit

Category:
State:
Multi-State
Control #:
US-01864BG
Format:
Word; 
Rich Text
Instant download

Description

This form is a generic affidavit that may be referred to when preparing an affidavit regarding the loss of a deed. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

How to fill out Lost Deed Affidavit?

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Affidavit

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FAQ

Witness Requirements Deeds and mortgages need not be witnessed, but they must be acknowledged.

Hear this out loud PauseMaine Revised Statutes Title 36, Chapter 711-A: This tax depends on the value of the property being transferred, assessing a rate of $2.20 for each $500 of the property's value.

The only way to add or remove a name on a deed is to have a new deed recorded. Once a document is recorded, it cannot be altered. In order to protect your legal interests, we strongly suggest that you contact an attorney to have this done for you.

Hear this out loud PauseYour client can make an outright gift of real property now or through his or her estate. A gift of real estate that your client has owned for more than a year entitles him or her to a tax deduction for the full fair market value of the property while allowing your client to avoid paying capital gains tax.

Although generally a deed does not have to be recorded to be a valid conveyance, there are practical reasons for recording a deed. Deeds usually do not take effect as to creditors and subsequent purchasers without notice until the instrument is recorded.

Hear this out loud PauseA Maine quitclaim deed without covenant passes to the new owner?with no covenants or warranty of title?whatever interest the person signing the deed (the grantor) has the power to transfer. If the grantor holds good, clear title, the new owner receives good, clear title.

Hear this out loud PauseA tax of $2.20 per $500 in value (rounded up) imposed upon the sale, granting or transfer of real estate and any interest therein. The transfer tax is equally divided between the buyer and the seller, unless exempt pursuant to Title 36, §4641-C.

If you have made a will or previous TOD deed that leaves the property to someone, your new TOD deed will override it. Your rights. You keep complete ownership of, and control over, the real estate while you're alive.

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Maine Lost Deed Affidavit