This form is a Quitclaim Deed where the Grantor is a business entity such as a corporation or limited liability company and the Grantee is an Individual. Grantor conveys and quitclaims the described property to Grantee. This deed complies with all state statutory laws.
Indianapolis Indiana Quitclaim Deed - Business Entity Grantor by Attorney-in-Fact to Individual Grantee
State:
Indiana
City:
Indianapolis
Control #:
IN-07-80
Format:
Word;
Rich Text
Instant download
Description
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How to fill out Indiana Quitclaim Deed - Business Entity Grantor By Attorney-in-Fact To Individual Grantee?
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FAQ
Transferring Indiana real estate usually involves four steps: Locate the prior deed to the property.Create the new deed.Sign the new deed.Record the original deed.
The Indiana quit claim deed form gives the new owner whatever interest the current owner has in the property when the deed is signed and delivered. It makes no promises about whether the current owner has clear title to the property.
The person who owns the property signs the Quitclaim Deed stating who will now have legal title to the property.
Definition of Quitclaim Deed? A deed by which the grantor releases any interest he may have in real property. The deed makes no representation as to ownership or warranty.
No guarantees to the new owner: Unlike a warranty deed, a quitclaim deed does not guarantee that a property is free from title defects such as tax liens or title claims from third parties. For this reason, it is a poor legal instrument to use when selling a piece of property for cash considerations.
Signing (IC § 32-21-2-3) ? All deed must be executed by one of the following: judge, clerk of a court of record, county auditor, county recorder, notary public, mayor of a city in Indiana or any other state, commissioner appointed in a state other than Indiana by the governor of Indiana, clerk of the city county
How to Write & File a Quitclaim Deed in Indiana Step 1: Find your IN quitclaim deed form.Step 2: Gather the information you need.Step 3: Enter the information about the parties.Step 4: Enter the legal description of the property.Step 5: Have the grantor sign the document in the presence of a Notary Public.
In which of the following situations could a quitclaim deed NOT be used? c. The answer is to warrant that a title is valid.
Which of the following is not required for a deed to be valid? Signature of the grantee.