Kansas Quitclaim Deed from Corporation to Two Individuals
What is this form?
The Quitclaim Deed from Corporation to Two Individuals is a legal document that allows a corporation (the grantor) to transfer real estate ownership to two individuals (the grantees) without making any warranties about the property title. This type of conveyance is distinct from a warranty deed, as it does not guarantee that the grantor holds clear title to the property. Instead, it simply conveys whatever interest the grantor has, making it crucial for situations where the exact ownership status is unclear.
Key parts of this document
- Identification of the grantor (corporation) and grantees (two individuals).
- Legal description of the property being conveyed.
- Clear statement that the grantor quitclaims all interest in the property, subject to mineral reservations.
- Joint tenancy stipulation for the grantees with right of survivorship.
- Recording information for the Register of Deeds, including date and time of filing.
- Signature and official seal of the corporation's representative.
Situations where this form applies
This form is typically used when a corporation wants to transfer property ownership to two individuals. Situations may include transferring property as part of a family arrangement, estate planning, or business decisions that require changing ownership. It is useful for simple transfers where no warranties are required and the parties involved are aware of the property status.
Who this form is for
This form is intended for:
- Corporations wishing to transfer real property ownership.
- Individuals who are receiving property from a corporation.
- Legal representatives handling property transfers for businesses.
- Anyone involved in estate planning that requires property transfers between a corporation and private individuals.
Steps to complete this form
- Identify the grantor (corporation) and grantees (two individuals) clearly at the beginning of the document.
- Provide the legal description of the property being conveyed, which may be attached as an exhibit.
- Specify that the transfer is made under joint tenancy with right of survivorship.
- Enter the necessary details for recording, including date and time information.
- Have the authorized representative of the corporation sign and affix the official seal.
Is notarization required?
To make this form legally binding, it must be notarized. Our online notarization service, powered by Notarize, lets you verify and sign documents remotely through an encrypted video session.
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Make edits, fill in missing information, and update formatting in US Legal Forms—just like you would in MS Word.
Download a copy, print it, send it by email, or mail it via USPS—whatever works best for your next step.
Sign and collect signatures with our SignNow integration. Send to multiple recipients, set reminders, and more. Go Premium to unlock E-Sign.
If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
We protect your documents and personal data by following strict security and privacy standards.
Typical mistakes to avoid
- Failing to provide a complete legal description of the property.
- Not specifying the correct type of ownership transfer (joint tenancy vs. tenants in common).
- Omitting signatures or failing to have an appropriate representative sign on behalf of the corporation.
- Not checking local recording requirements before submission.
Benefits of using this form online
- Convenient access to the form allows for easier completion and storage.
- Editability enables users to customize the form to fit specific needs.
- Reliability of attorney-drafted legal documents ensures compliance with state laws.
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FAQ
Yes, you can use a Quitclaim Deed to transfer a gift of property to someone. You must still include consideration when filing your Quitclaim Deed with the County Recorder's Office to show that title has been transferred, so you would use $10.00 as the consideration for the property.
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.
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.
Recording A quitclaim deed must be filed with the County Recorder's Office where the real estate is located. Go to your County Website to locate the office nearest you. Signing (§ 58-2205) A quitclaim deed is required to be authorized with a notary public present.
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 get divorced and one spouse's name is removed from the title or deed.
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.
If the quitclaim deed requires the signature of all co-owners, the deed is invalid unless all co-owners have signed it and the deed is then delivered to the grantee.If one individual owns real estate and desires to add a co-owner such as a spouse, a quitclaim deed might be used.
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.
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.
