This form is a Quitclaim Deed where the Grantors are three individuals and the Grantee is an Individual. Grantors convey and quitclaim the described property to Grantee. This deed complies with all state statutory laws.
Raleigh North Carolina Quitclaim Deed from Three Individuals to One Individual
Category:
State:
North Carolina
City:
Raleigh
Control #:
NC-030-77
Format:
Word;
Rich Text
Instant download
Description
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How to fill out North Carolina Quitclaim Deed From Three Individuals To One Individual?
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FAQ
If you need to remove a name from a title deed for a property with a mortgage on it, you will need written consent to do so from the lender. Generally, it is easier to obtain this if the person(s) left on the title deed is (are) sufficiently financially secure.
Keep in mind that if you sign the Quitclaim Deed giving him your legal rights in the home, you no longer have any legal rights to the home but you can still be financially responsible for the mortgage if your name is on the mortgage.
The lender will need to be satisfied that you will be able to afford the mortgage as the sole mortgagor. The mortgage lender will then need to give you written consent in order to remove the other party from the deeds to your house. The lender will require the change in ownership to be carried out by a solicitor.
How do I add or remove names from a deed? Deed name changes require the submittal of a new deed to the Register of Deeds office. We suggest that you consult an attorney unless you are familiar with creating legal documents.
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.
There typically will be a fee to file the quitclaim deed. In Wake County, North Carolina, as of 2019, the fee is $64 for the first 35 pages of the quitclaim deed and $4 for each additional page. Since most quitclaim deeds are much less than 35 pages, the fee in Wake County typically will be $64.
A North Carolina quit claim deed is a legal form used to convey real estate in North Carolina from one person to another. A quitclaim, unlike a warranty deed, does not come with a guarantee from the seller, or grantor, as to whether the grantor has clear title to the property or has the authority to sell the property.
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.
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 which of the following situations could a quitclaim deed NOT be used? c. The answer is to warrant that a title is valid.