Deed Forms – Quit Claim, Warranty, and Special Warranty, eForms – Free Fillable Forms, quit claim deed indiana.#Quit #claim #deed #indiana

Deed Forms Quit Claim, Warranty, and Special Warranty

A deed form is a document that is used to transfer the ownership of real property from one (1) party to another, grantor to grantee. This is typically filled-in at the conclusion of a sale, referred to as the closing , and filed with the County Registry of Deeds.

Forms By Type

There are 3 popular ways to convey property:

General Warranty Guarantees title for the Grantor s time on the Property (the Seller) and also during the time for all previous owners of the real estate (also known as fee simple).

Quit Claim Mainly for situations when the ownership of real estate will transfer due to business, divorce, litigation, or between family. Typically, there is not a financial transfer from the party receiving title to the party that is granting it. There is no guarantee given by the transferring party that there aren t any defects to the title of the property.

Special Warranty Deed Only guarantees title over the course of the Grantor s (Seller s) ownership of the property. All prior ownership records are not covered.

Table of Contents

Forms By State

Ownership Types

By more than one (1) individual or entity, there are three (3) types of ownership interest in property:

Joint Tenants (Rights of Survivorship) If one (1) of the Spouses were to die then the other Spouse would obtain their ownership interest in the Property.

Tenants in Common Spouses are allowed to sell their ownership interest without the approval of the other and if one (1) of the Spouses were to die the ownership of the property would transfer to the Heirs listed in their Last Will and Testament.

Tenants by the Entirety Does not allow one (1) Spouse to sell their interest in the property without the other s consent.

Signing Requirements and Where to Record

In each of the following States, the Grantor(s) only, will have to sign the Deed with the following requirements. After the deed has been completed and signed it is ready to be filed with the Recorder s Office (in some States it is with the Clerk of Court). Below you can find which office to file the deed in your State.

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