Omaha Nebraska Quitclaim Deed by Two Individuals to LLC

State:
Nebraska
City:
Omaha
Control #:
NE-04-77
Format:
Word; 
Rich Text
Instant download

Description

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.

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FAQ

Stat. §§ 76-3401-76-3423 (the ?Act?). The Act allows an individual to transfer property located in Nebraska to one or more beneficiaries effective at the transferor's death through the use of a special deed referred to as a ?Transfer on Death Deed.?

There are three basic types of recording statutes: race, notice, and race- notice. See IV AMERICAN LAw OF PROPERTY § 17.5, at 545 (A.J. Casner ed. 1952). Nebraska has a race-notice statute.

How to Write a Nebraska Quitclaim Deed Preparer's name and address. Name and mailing address of the party to whom the recorded deed should be sent. County where the real property is located. The consideration paid to the grantor (dollar amount should be written in words and numbers) Grantor's name and address.

Nebraska Quitclaim Deed Laws Signing - All quitclaim deeds written in the state must be signed by the individual(s) selling the property in the presence of a Notary Public (NRS 76-211) Recording - All quitclaim deeds must be filed in the County Recorder's Office in the city or county where the property is located.

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 complete the transfer, the deed must be recorded in the office of the Register of Deeds of the county where the property is located. All deeds also require a Form 521 - Real Estate Transfer Statement.

When the owner dies, a Nebraska TOD deed transfers title to the beneficiary named in the deed. The beneficiary formally takes title by recording the owner's death certificate and a cover sheet with the register of deeds.

Land contracts, memoranda of contract, and death certificates being recorded pursuant to a transfer on death deed require a completed Form 521, which are not subject to the documentary stamp tax until the deed is presented for recording.

All parties just need to sign the transfer deed (TR1 form) and file it with the land registry. This needs to be accompanied by the land registry's AP1 form, and if the value of the transaction amounts to more than £40,000, then a stamp duty land tax certificate may also be required.

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Omaha Nebraska Quitclaim Deed by Two Individuals to LLC