This form is a Quitclaim Deed where the grantor is an individual and the grantees are four individuals. Grantor conveys and quitclaims the described property to grantees. Grantees take the property as tenants in common or as joint tenants with the right of survivorship. This deed complies with all state statutory laws.
Texas Quitclaim Deed - One Individual to Four Individuals
Category:
State:
Texas
Control #:
TX-027-77
Format:
Word;
Rich Text
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Description
Definition and meaning
A Texas Quitclaim Deed is a legal document used to transfer ownership of real property from one individual (the Grantor) to one or more individuals (the Grantees) without any warranties. This means that the Grantor is relinquishing any claim over the property without guaranteeing that they have clear title or ownership. In Texas, this form is particularly useful when property is transferred between family members or friends, as it simplifies the process.
How to complete a form
To complete the Texas Quitclaim Deed, follow these steps:
- Start by entering the date of the transaction at the top of the form.
- List the full names and addresses of the Grantor and the four Grantees.
- Provide the property address and a legal description of the property. This may include details such as lot number and block number if applicable.
- Indicate how the Grantees will hold the property, choosing from options like Tenants in Common or Joint Tenants with the Right of Survivorship.
- Include a statement that acknowledges the exchange for ten dollars, which is standard in Texas Quitclaim Deeds.
- Lastly, both the Grantor and a notary public must sign and date the form.
Who should use this form
The Texas Quitclaim Deed is ideal for individuals looking to transfer property ownership without financial considerations. It is commonly used in situations such as:
- Family property transfers.
- Transfers between friends.
- Settling estate matters where property is awarded to heirs.
- Changing the name on a title due to marriage or divorce.
Legal use and context
In Texas, a Quitclaim Deed is a legal instrument that allows for the transfer of property but does not provide any guarantees regarding the title. This form can be used effectively in non-commercial transactions, where one party does not require assurances of property title. It's essential to understand that while this deed transfers that property interest, it does not clear any debts or liens that may exist on the property.
Key components of the form
The Texas Quitclaim Deed includes several important components:
- Grantor: The individual transferring the property.
- Grantee: The individual or individuals receiving the property.
- Property description: A detailed description of the property being transferred.
- Type of estate: Clarity on how the Grantees will hold the property.
- Signatures: Required from both the Grantor and a notary public to validate the deed.
What to expect during notarization or witnessing
During the notarization of a Texas Quitclaim Deed, the Grantor will need to present valid identification to the notary public. The notary will confirm the identity of the Grantor and witness their signature on the document. It's recommended to make sure all fields of the form are filled out before this step, as the notary's role is to verify the signing rather than to check the document's content. Once notarized, the deed should be recorded with the county clerk's office for it to take effect.
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FAQ
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.
You can use a simple form, called a quitclaim deed, to transfer your joint property ownership to either yourself, a family member, a former spouse, or even a trust. Many utilize this deed to make property title transfers without the time and expense of legal fees.
To use a Quitclaim Deed to add someone to a property deed or title, you would need to create a Quitclaim Deed and list all of the current owners in the grantor section. In the grantee section, you would list all of the current owners as well as the person you would like to add.
Laws Section 13.002. Recording This form must be filed at the Recorder's Office in the County Clerk's Office. Signing (Section 11.002(c)) The Grantor(s) has the choice of authorizing this form in the presence of Two (2) Witnesses or a Notary Public.
Rates vary by state and law office but typically fall in the range of $200 to $400 per hour. Title companies routinely prepare quitclaim deeds in many states.
Discuss property ownership interests. Access a copy of your title deed. Complete, review and sign the quitclaim or warranty form. Submit the quitclaim or warranty form. Request a certified copy of your quitclaim or warranty deed.
The Quit Claim Deed form uses the terms of Grantor (Seller or Owner of said property) and Grantee (Buyer of said property) for the two parties involved. First, the parties must fill in the date. Then, write in the name of the county and state in which the property is located.
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.
Step 1: Download the TX quitclaim deed form. Step 2: In the upper left-hand corner, add the name and address of the person preparing the form. Under this, add the name and address of the person who will receive the form after the recorder's office is finished with it. Step 3: Write the county in the appropriate blank.