This Quitclaim Deed from Husband and Wife to LLC form is a Quitclaim Deed where the grantors are husband and wife and the grantee is a limited liability company. This deed conforms to all state statutory laws and reserves the right of grantors to reenter in light of any oil, gas, or minerals that are found on the described property.
Kansas City Missouri Quitclaim Deed from Husband and Wife to LLC
Category:
State:
Missouri
City:
Kansas City
Control #:
MO-09-77
Format:
Word;
Rich Text
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How to fill out Missouri Quitclaim Deed From Husband And Wife To LLC?
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FAQ
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.
If you've recently married and already own a home or other real estate, you may want to add your new spouse to the deed for your property so the two of you own it jointly. To add a spouse to a deed, all you have to do is literally fill out, sign and record a new deed in your county recorder's office.
We recommend you consult with an experienced real estate lawyer for professional advice as each circumstance is unique. (Please note, the fee for our office to add someone to your deed is $650.00, plus recording costs and documentary stamps ? recordings costs are normally less than $50.00.)
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.
A deed in which a grantor disclaims all interest in a parcel of real property and then conveys that interest to a grantee. Unlike grantors in other types of deeds, the quitclaim grantor does not promise that his interest in the property is actually valid.
Missouri Quit Claim Deed Form ? Summary The Missouri 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.
To change the names on a real estate deed, you will need to file a new deed with the Division of Land Records in the Circuit Court for the county where the property is located. The clerk will record the new deed.
Recording (V.A.M.S. 442.400) ? Must be filed at the County Recorder of Deeds. Signing (V.A.M.S. 442.130) ? All quit claim deeds are to be signed with the Grantor(s) in the presence of a Notary Public.
You will need to have the quitclaim deed notarized with the signatures of you and your spouse. Once this is done, the quitclaim deed replaces your former deed and the property officially is in both of your names. You must record the deed at your county office.
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.