Ohio Sample Letter for Quitclaim Deed for Foreclosed Property

State:
Multi-State
Control #:
US-0762LTR
Format:
Word; 
Rich Text
Instant download

Description

This form is a sample letter in Word format covering the subject matter of the title of the form.

How to fill out Sample Letter For Quitclaim Deed For Foreclosed Property?

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FAQ

An attorney licensed to practice law in Ohio must prepare deeds, powers of attorney, and other instruments that are to be recorded. One exception is that a party to the transaction may prepare an instrument in which they are a party.

Record the deed at the recorder's office in the county where the property is located for a valid transfer. Contact the same office to confirm accepted forms of payment. A Conveyance Fee Statement (Form DTE 100, or DTE 100EX if claiming an exemption) must be signed by the grantee and filed with the deed.

If a property was transferred by a quitclaim deed before the grantor's death, it won't be part of the grantor's estate, and therefore won't go through probate.

5) Each grantor must sign the deed in front of a notary public.

Yes. As of February 1, 2002, Ohio law no longer requires two witnesses to the signing of the seller's quitclaim deed or to other transfers of title to real property such as a mortgage or land contract. You can create a valid deed as long as an authorized public notary notarizes it.

Ohio. In Ohio, quitclaim deed requirements vary from other states. In addition to the name of the grantor of the property, an Ohio quitclaim deed must state the marital status of the grantor and the name of their spouse, if applicable. Additionally, the county where the grantor resides must be on the quitclaim deed.

The way a quitclaim deed works is that this type of transfer makes no seller guarantees. It merely states that the seller transfers any ownership interest to the buyer. So if the seller has absolutely no ownership interest in the property, that's precisely what transfers in a quitclaim deed to any buyer.

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Ohio Sample Letter for Quitclaim Deed for Foreclosed Property