This Quitclaim Deed is used where the Grantors are two individuals and the Grantee is a limited liability company. Grantors convey and quitclaim the described property to Grantee less and except all oil, gas and minerals, on and under the property owned by Grantors, if any, which are reserved by Grantors. This form complies with all state statutory laws.
Louisville Kentucky Quitclaim Deed by Two Individuals to LLC
Category:
State:
Kentucky
City:
Louisville
Control #:
KY-04-77
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Word;
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How to fill out Kentucky Quitclaim Deed By Two Individuals To LLC?
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FAQ
Adding someone to your house deed requires the filing of a legal form known as a quitclaim deed. When executed and notarized, the quitclaim deed legally overrides the current deed to your home. By filing the quitclaim deed, you can add someone to the title of your home, in effect transferring a share of ownership.
How to File a Quitclaim Deed Obtain a quitclaim deed form. Your very first step is obtaining your quitclaim deed.Fill out the quitclaim deed form.Get the quitclaim deed notarized.Take the quitclaim deed to the County Recorder's Office.File the appropriate paperwork.
A quitclaim deed transfers the title of a property from one person to another, with little to no buyer protection. The grantor, the person giving away the property, gives their current deed to the grantee, the person receiving the property. The title is transferred without any amendments or additions.
How to Write & File a Quitclaim Deed in Kentucky Step 1 ? Obtain the Kentucky Quitclaim Form. Find your KY quitclaim form.Step 2 ? Get Names and Address of All Parties. Gather the information you need.Step 3 ? Write Grantor and Grantee Details. Enter the information about the parties.Step 4 ? File the Quitclaim Deed.
Recording ? All deeds must be filed with the County Clerk's Office in the jurisdiction where the property is located. Signing (KRS 382.130) ? All deeds must be signed in the presence of either two (2) subscribing witnesses or a notary public.
The alternative spellings quit claim deed and quit-claim deed are generally acceptable?though used less frequently. Oklahoma legal professionals also use the word quitclaim as a verb indicating that an owner is transferring an interest without warranty. Release deed can be a synonym for quitclaim deed in some contexts.
A Kentucky quitclaim deed form transfers the owner's entire interest as of the date of the deed. The new owner receives whatever interest the current owner can legally transfer. The current owner, though, does not promise the new owner a clear title or undisputed ownership of the property.
File a quitclaim deed on your property from your old name to your new name and file it with the Jefferson County Clerk's Office. There is a $17.00 fee to file this document.
How to Write & File a Quitclaim Deed in Kentucky Step 1 ? Obtain the Kentucky Quitclaim Form. Find your KY quitclaim form.Step 2 ? Get Names and Address of All Parties. Gather the information you need.Step 3 ? Write Grantor and Grantee Details. Enter the information about the parties.Step 4 ? File the Quitclaim Deed.
The transfer tax rate is $0.50 per $500.00 of the property's value. Value is the full actual consideration paid for the property or?if the deed transfers real estate as a gift?the fair price a buyer would pay for the property in an arms-length sale.
