This Quitclaim Deed from Individual to Husband and Wife form is a Quitclaim Deed where the Grantor is an individual and the Grantees are husband and wife. Grantor conveys and quitclaims the described property to Grantees, less and except all oil, gas and minerals, on and under the property owned by Grantor, if any, which are reserved by Grantor. This deed complies with all applicable state statutory laws.
Missouri Quitclaim Deed from Individual to Husband and Wife
Category:
State:
Missouri
Control #:
MO-01-77
Format:
Word;
Rich Text
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FAQ
But you might be wondering if an owner can transfer a deed to another person without a real estate lawyer. The answer is yes. Parties to a transaction are always free to prepare their own deeds.A quitclaim deed, for example, is far simpler than a warranty deed.
Fill out the quit claim deed form, which can be obtained online, or write your own using the form as a guide. The person giving up the interest in the property is the grantor, and the person receiving the interest is the grantee.
A Marital Waiver is when the spouse acknowledges a lien on the subject property, subordinating their interest in the real property to the lien holder. In Missouri a spouse must either be on the DOT or sign a waiver.
The drawback, quite simply, is that quitclaim deeds offer the grantee/recipient no protection or guarantees whatsoever about the property or their ownership of it. Maybe the grantor did not own the property at all, or maybe they only had partial ownership.
Recording fees for quitclaim deeds vary among counties. In Clay County and Platte County, the fee is $24 for the first page and $3 for each additional page.
It's usually a very straightforward transaction, but it's possible for a quitclaim deed to be challenged. If a quitclaim deed is challenged in court, the issue becomes whether the property was legally transferred and if the grantor had the legal right to transfer the property.
Step 1: Obtain a standard quitclaim form from your county office or use an online form to start drafting your quitclaim deed. Step 2: Include the following on each quitclaim document. Step 3: Create a cover page, if desired.