This form is a Quitclaim Deed where the grantors are husband and wife and the grantee is an individual. 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 Grantor. This deed complies with all state statutory laws.
Lee's Summit Missouri Quitclaim Deed from Husband and Wife to an Individual
Category:
State:
Missouri
City:
Lee's Summit
Control #:
MO-018-77
Format:
Word;
Rich Text
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How to fill out Missouri Quitclaim Deed From Husband And Wife To An Individual?
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FAQ
The fee charged by a local County Recorder of Deeds office to record a Beneficiary Deed averages between $24 and $30. The Grantor should contact the local County Recorder of Deeds office to inquire as to the current fee charged. Upon recording the deed the Recorder of Deeds office will mail the original to the Grantor.
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.
In a common-law state, you can apply for a mortgage without your spouse. Your lender won't be able to consider your spouse's financial circumstances or credit while determining your eligibility. You can also put only your name on the title.
What is a Missouri Quit Claim Deed? A Missouri quit claim deed form (sometimes called a quick claim deed or quit claim deed) transfers Missouri real estate from the current owner (grantor) to the new owner (grantee) with no warranty of title.
?Adding someone to a deed? means transferring ownership to that person. The transfer of ownership can occur during life (with a regular quitclaim deed, for example) or at death (using a lady bird deed, transfer-on-death-deed, or life estate deed).
One good reason to add a spouse to the deed of your home is for estate planning purposes, which may allow the property to transfer to your spouse outside the probate process, depending on the transfer language utilized in the granting clause. Another reason is for creditor purposes.
Under Missouri law, a quitclaim deed must be in writing, contain the legal description of the property, and meet specific signing and acknowledgment requirements. You will need to record the deed and pay a recording fee.
How to Transfer Missouri Real Estate Locate the Prior Deed to the Property. The prior deed includes important information that is needed to prepare the new deed.Get a New Deed to the Property.Sign and Notarize the New Deed.Record the New Deed in the Land Records.
You can do this through a transfer of equity. This is where a share of equity is transferred to one or multiple people, but the original owner stays on the title deeds. You'll need a Conveyancing Solicitor to complete the legal requirements for you in a transfer of equity. These include Land Registry forms and charges.
Missouri does require that a non-owner spouse sign a deed selling, conveying, or otherwise encumbering a property by the owner spouse. This is a form of ownership specifically created for spouses.