Montana Disclaimer and Quitclaim of Leasehold Interest

State:
Multi-State
Control #:
US-OG-594
Format:
Word; 
Rich Text
Instant download

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This is a form of Disclaimer and Quit Claim of Leasehold Interest.

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FAQ

The county clerk and recorder's office for each Montana county maintains the county land records. Montana deeds must be recorded in the county where the property is located. The standard recording fee for Montana deeds is $8.00 for each page.

In a quitclaim deed, the rights of one party pass to another party, called the grantor and grantee, respectively. As a spouse, you give up your interest in the property when you sign a quitclaim deed. This means that you no longer have a legal right to it.

Montana is one of 15 states that does NOT have a real estate transfer tax, but, instead, parties to a Montana real estate transaction must file a Realty Transfer Certificate, required by Montana law.

A Montana quitclaim deed is a legal form that transfers real property (land and buildings) without warranties or promises about the validity of title.

Understanding the Different Types of Deeds in Montana A deed transfers real property from a grantor to the grantee. There are three main types of deeds: the general warranty deed, the special warranty deed, and the quitclaim deed.

Whenever property is sold or gifted, a deed must be executed by the person or entity transferring ownership, the ?grantor,? and recorded with the Clerk and Recorder in the county where the property is located. The grantor will also need to file a Realty Transfer Certificate and pay the recording fee ($8 per page).

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Montana Disclaimer and Quitclaim of Leasehold Interest