Oklahoma Quitclaim Assignment of Assets

State:
Multi-State
Control #:
US-OG-611
Format:
Word; 
Rich Text
Instant download

Description

The Quit Claim Assignment (of Assets), this form is provided for oil, gas or mineral dealings.

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How to fill out Quitclaim Assignment Of Assets?

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FAQ

Oklahoma law assumes that a warranty deed transfers complete?or fee simple?title to real estate unless the deed specifies otherwise. If the current owner holds less than complete title, a warranty deed conveys all title and rights in the real estate the current owner has the power to convey.

Oklahoma Mortgage Filing Fee Calculations Any additional documents, Affidavit of Surviving Joint Tenant, Quit Claim Deed, etc. would be treated as a document of their own. With the first page being $18.00 and each additional page attached being $2.00.

If you wish to remove someone from a deed, you will need their consent. This can be done by recording a new deed, which will require their signature. If the person in question is deceased, you will need their death certificate and a notarized affidavit along with the new deed.

A warranty deed or quit claim deed TRANSFERS TITLE or OWNERSHIP of real property. When you purchase property, you usually receive a warranty deed from the seller to you to show that you now own the property.

A quitclaim deed is used to transfer real property from the grantor to the new recipient owner, called the grantee. The grantor will terminate any rights to claim the property using a quitclaim deed, thus allowing all rights to be transferred to the recipient/grantee.

A quitclaim deed is a legal document and requires a legal description of the property being deeded, the county in which the property is located, the date of property transfer, the name(s) of the person transferring the property (grantor), and the name(s)of the person in receipt of the property (grantee).

A warranty deed makes a promise to the buyer that the seller has good title to the property. A quitclaim deed, on the other hand, makes no promises. A quitclaim deed just says; whatever interest I have in this property, I give to you.

A: Yes, a quitclaim deed can protect you by getting the deed in your own name exclusively. This is possible through a divorce proceeding or your spouse can sign a quitclaim to relinquish his rights to the property. If the mortgage is in your spouse's name, it doesn't mean he has an ownership interest.

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Oklahoma Quitclaim Assignment of Assets