Ohio Quitclaim and Bill of Sale of Pipeline

State:
Multi-State
Control #:
US-OG-306
Format:
Word; 
Rich Text
Instant download

Description

This form is used when Seller assigns, sells, transfers, and quit claims to Buyer, all of Seller's rights, title, and interests in a pipeline in place, consisting of approximately (number)feet of (number) inch line located on certain lands.

How to fill out Quitclaim And Bill Of Sale Of Pipeline?

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FAQ

A deed transferring Ohio real estate is filed in the county recorder's office of the county where the property is situated. The county recorder's office records the deed in the county's ?official records? and indexes the deed by party names, date, and property description.

In Ohio, notarization is required, but witnesses are not. Recording Requirements § 5301.25: Quitclaim deeds must be recorded with the County Recorder where the property is situated. A recording fee, including a state fund portion, is required.

A quitclaim deed is a legal instrument which is used to transfer interest in real property. The entity transferring its interest is called the grantor, and when the quitclaim deed is properly completed and executed, it transfers any interest the grantor has in the property to a recipient, called the grantee.

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.

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.

A quitclaim allows a person to transfer property to another person with a simple deed. The basic idea is that all the rights and claims of being a property owner are relinquished and legally turned over to someone else.

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.

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Ohio Quitclaim and Bill of Sale of Pipeline