Pennsylvania Disclaimer and Quitclaim of Leasehold Interest

State:
Multi-State
Control #:
US-OG-594
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Word; 
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This is a form of Disclaimer and Quit Claim of Leasehold Interest.

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FAQ

There are two sides to a transaction. In real estate, a grantee is the recipient of the property, and the grantor is a person that transfers ownership rights of a property to another person.

Recording Requirements To record a quitclaim deed, file it with the local Recorder of Deeds. County rules and fees vary. Additional Documents A Certificate of Residence form must be filed with the deed. For residents of Philadelphia County, the Real Estate Transfer Tax Certification (Form 82-127) is also required.

This is an inexpensive way to transfer a property to another person quickly by executing. When this is done, the person who executes the deed eliminates his or her interest in the property by transferring the full claim to the other person. Other uses of a quit claim deed are for tax deed sales or sheriff's deed.

Checklist: Preparing and Recording Your Quitclaim Deed Fill in the deed form. Print it out. Have the grantor(s) and grantee(s) sign and get the signature(s) notarized. Fill out a Statement of Value form, if necessary. Get the Uniform Parcel Number (UPI) on the deed certified, if required by your county. Pennsylvania Quitclaim Deed - Nolo nolo.com ? products ? pennsylvania-quitclai... nolo.com ? products ? pennsylvania-quitclai...

All deeds are to be signed in front of a Notary Public (just the grantor) and the grantee is to also sign the Certificate of Residency. Afterward, the deed may be filed with the Recorder's Office in the jurisdiction of the property.

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Pennsylvania Disclaimer and Quitclaim of Leasehold Interest