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NounLaw. a transfer of all one's interest, as in a parcel of real estate, especially without a warranty of title.
How do I make a change to property ownership (add, remove or change someone's name)? To change ownership of real estate, a new conveyance document (deed) must be drafted and submitted for recording along with an Electronic Real Estate Transfer Return Receipt (e-RETR) We do not carry blank forms in our office.
A $30 filing fee is typically required. Transfer Tax: Yes: 30 cents for each $100 value or fraction of $100.
A deed and an Electronic Wisconsin Real Estate Transfer Return (eRETR) must be completed to convey title to real estate. If you need additional information in regards to your inquiry you will have to consult with a title company or an attorney. You can also contact the Register of Deeds at (608) 266-4141.
How to Create a Wisconsin Quitclaim Deed Names of the parties to the deed; A legal description of the real estate; ... Material terms or conditions of transfer;33 and, The identity of the individual who prepared the deed.
If you're the spouse receiving the property, once you remove your ex's name and the property is transferred to you by quitclaim deed, you own all of it. You should review your prior deeds or have an attorney review them for you to help ensure there are no defects in the title.
Legal instruments such as warranty deeds, quit claim deeds, etc., that convey title from one property owner to a new owner, are usually drafted by attorneys, or paralegals or legal secretaries under the supervision of an attorney.
The grantor must sign a quitclaim deed and acknowledge it before a notary public. The grantor then records the deed with the Clerk and Recorder in the county where the real property is located. Recording a quitclaim deed provides notice to all subsequent mortgagees and purchasers there is a new owner of the property.