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Missouri Quitclaim Deed from a Trust to a Husband and Wife

Missouri Deed Trust Form

Name: Missouri Quitclaim Deed from a Trust to a Husband and Wife
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.67 (325 reviews)

Category:

Missouri Real Estate - Deeds - Quitclaims

State:

Missouri

Control #:

MO-048-77

Format:

Instant download

Description

This form is a Warranty Deed where the Grantor is a Trust and the Grantees are husband and wife. Grantor conveys and warrants the described property to the Grantees. This deed complies with all state statutory laws.

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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.

Two of the most common ways to transfer property in a divorce are through an interspousal transfer deed or quitclaim deed. When spouses own property together, but then one spouse executes an interspousal transfer or a quitclaim deed, this is known as transmutation.

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.

A quitclaim deed can be used to transfer property from a trust, but a Special Warranty Deed seems to be a more common way to do this.

Yes, a quit claim deed supercedes the trust. The only thing that can be done is to file a suit in court challenging the deed as the product of fraud and undue influence. A court action like that will cost thousands of dollars, but might be worth it if the house was owned free and clear.

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.

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.

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.

The title of the document. The date of the transfer. All grantors' names. Any grantees' names. Statutory addresses. A legal description for the property. References to the page numbers of the reference books, if applicable.

Missouri Deed Trust Form

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FAQ

Can I prepare my own quit claim deed?

How do I sign my house over to my husband?

How do I file a quit claim deed in Missouri?

Can a quit claim deed transfer property from a trust?

Does a quit claim deed override a trust?

What are the disadvantages of a quit claim deed?

Will a quit claim deed hold up in court?

How much does it cost to file a quit claim deed in Missouri?

How do you fill out a quit claim deed in Missouri?

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