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A quitclaim deed is what some people think is called a ?quick? claim deed ? but the correct terminology is quitclaim deed. In North Carolina, a quitclaim deed is a document that is signed by two parties with the purpose of transferring one party's interest in real estate to another party.
An interspousal transfer deed, more technically called an interspousal transfer grant deed, is a legal document used to give sole ownership of shared property, such as a house, to one person in a marriage. They are commonly employed in divorce cases to transfer community property to one spouse.
Signing (N.C.G.S.A. § 47-38) ? All quit claim deeds are required to be signed with the Grantor(s) being witnessed by a Notary Public.
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.
To write a North Carolina quit claim deed form, you will need to provide the following information: Preparer's name and address. Name and mailing address of the person to whom the recorded deed should be returned. County where the real property is located. The consideration paid for the property. Grantor's name and address.
Can I prepare my own deed and have it recorded? North Carolina law allows you to prepare a Deed of Conveyance for any real property to which you have legal title. However, the conveyance of real property is a legal matter that should be given under and with the advise of legal counsel.
In which of the following situations could a quitclaim deed NOT be used? c. The answer is to warrant that a title is valid.
If the wife's name is not on the deed, it doesn't matter. It's still marital property because it was bought during the marriage. This makes it marital property and is still split between both parties. The wife is entitled to receive either equal share or equitable share of the house.
Both spouses owning property ? Both parties must sign documents in purchase, sale, or refinance transactions. A married person buying property individually ? The owner needs to sign, but their spouse may not be required to sign documents at closing.
The quitclaim deed would transfer title from the community or joint property to separate property. A quitclaim deed is legally binding. The transferring spouse eliminates his rights to the property after signing it.