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Rhode Island Quitclaim Deed from Husband and Wife to Corporation

Rhode Island Husband

Name: Rhode Island Quitclaim Deed from Husband and Wife to Corporation
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.55 (335 reviews)

Category:

Rhode Island Real Estate - Deeds - Quitclaims

State:

Rhode Island

Control #:

RI-08-77

Format:

Instant download

Description

This Quitclaim Deed from Husband and Wife to Corporation form is a Quitclaim Deed where the grantors are husband and wife and the grantee is a corporation. Grantors convey and quitclaim the described property to grantees less and except all oil, gas and minerals, on and under the property owned by Grantors, if any, which are reserved by Grantors.

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FAQ

Your Deed will not expire or become invalid due to the mere passage of time. However, be aware that if the Deed is not recorded, it does not become public record.

The drawback, quite simply, is that quitclaim deeds offer the grantee/recipient no protection or guarantees whatsoever about the property or their ownership of it. Maybe the grantor did not own the property at all, or maybe they only had partial ownership.

But you might be wondering if an owner can transfer a deed to another person without a real estate lawyer. The answer is yes. Parties to a transaction are always free to prepare their own deeds.A quitclaim deed, for example, is far simpler than a warranty deed.

Quitclaim deeds are most often used to transfer property between family members.Examples include when an owner gets married and wants to add a spouse's name to the title or deed, or when the owners divorce and one spouse's name is removed from the title or deed.

Fill out the quit claim deed form, which can be obtained online, or write your own using the form as a guide. The person giving up the interest in the property is the grantor, and the person receiving the interest is the grantee.

Quitclaim deeds, therefore, are commonly used to transfer property within a family, such as from a parent to an adult child, between siblings, or when a property owner gets married and wants to add their spouse to the title. Married couples who own a home together and later divorce also use quitclaim deeds.

In California, the statute of limitations is five years. Any challenge to the quitclaim must be based on either a procedural error or on undo duress.

A Quitclaim Deed must be notarized by a notary public or attorney in order to be valid.Consideration in a Quitclaim Deed is what the Grantee will pay to the Grantor for the interest in the property.

Research quit claim deed requirements in your area. Obtain the proper form. Get a legal description of your property. Fill out the form. File the form with the county. When to Use a Quit Claim Deed. Questions?

Rhode Island Husband

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FAQ

Do quit claim deeds expire if not recorded?

What are the disadvantages of a quit claim deed?

Can I prepare my own quit claim deed?

Why would you quit claim deed to yourself?

Can you prepare a quit claim deed yourself?

What is a quitclaim deed used for?

How long is a quitclaim deed good for?

Do quit claim deeds need to be notarized?

How do you quick claim a house?

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