indiana quit claim deed
Free Quit Claim Deed Form
A quit claim deed form is a legal document used to transfer property between two or more people. Quit claim deeds are prepared by a GRANTOR the person or persons transferring interest of a piece of property and then signed over and assigned to a GRANTEE the person receiving the property.
Once signed and executed the GRANTOR quits his or her ownership or rights to the property, allowing the GRANTEE to assume those rights and the transfer of the property.
Unlike a warranty deed, a quitclaim deed form does not provide the GRANTEE warranty on the title. A quit claim deed is most often used to transfer property between family members or assign property into a trust.
Quit claim deeds come in handy during divorce proceedings and are very useful if you need to transfer property quickly. You can also use a quit claim deed if you want to give property as a gift to someone.
How to Prepare a Quit Claim Deed Form
Take a look at our sample quit claim deed form below. You can click anywhere on the form to be taken directly to our free quit claim deed form or just click here to download a quit claim deed pdf.
To fill out a quit claim deed, first you need to date the document and fill in the GRANTOR and GRANTEE names and addresses. Next, you need to add the address of the property that is to be transferred and a full description.
Then, you date the form again and the GRANTOR signs and prints his or her name in the space provided (note this must be done in the presence of a notary). And, finally, there is a space to put your state and county where the quitclaim deed form is to be filed.
That s all there is to it your part is done! The only thing left to do is to get the quit claim deed notarized.
The notary will date, sign and seal your quit claim deed and then you can take it to your county clerk s office to be recorded in the land registry. Your notary will take care of the following documentation:
Difference between a Quit Claim Deed and a Warranty Deed
A warranty deed is used when transferring ownership of property between a buyer and seller. Warranty deeds guarantee that the seller owns the property and that the title is free and clear of all claims.
A quit claim deed is also used to transfer ownership of property. However, there is no guarantee that their aren t any liens against the property. With a quit claim deed, the owner of the property quits ownership and conveys his interest in the property to someone else.
Quit claim deeds are most often used between family members when gifting property and during a divorce. Use a quit claim deed for fast transfer of property. Use a warranty deed when you buy property to make sure that the title is clear.
Why is it Called a Quitclaim Deed?
You may have heard the name called or saw it spelled quick claim deed form, quitclaim deed form, quit-claim deed form or quit claim deed form. Fact is, all of the above names for quit claim deed are okay to use. Believe me, your county clerk will know what you want if you ask for a quick claim deed.
However, the proper spelling of the document is quitclaim deed. It is called a quitclaim deed because that is exactly what it does it quits any claim or right to a piece of property a person may have.
When to use a Quit Claim Deed Form
There are many instances when a quit claim deed can be used to transfer property fast. A quit claim deed can be filled out online and printed quickly. You can use a quit claim deed form to:
- Remove someone s rights to the property during a divorce.
- Gift a piece of property to a family member or some other person.
- Buy or sell real estate with your business.
- Correct the way a name is spelled on a previous written deed.
- Clear any leftover interest in a piece of property
- Transfer property into a trust.
- Clarify the ownership of property in a marriage and more.
Do I Need a Lawyer to Fill Out a Quit Claim Deed?
No, you do not need to hire an attorney to fill out a quit claim deed. That being said, there is no substitute for good legal advice. If you have questions about your specific situation, we strongly suggest that you consult an attorney. If you know what you need, though, feel free to follow the link below:
Quit Claim Deed Sample
Quit claim deeds are used to transfer ownership of real estate between two parties. You can download our free quit claim deed sample form instantly today below.
Quit claim deeds are most commonly used to assign ownership of property when the property is gifted. For example, parents often elect to use a quit claim deed to give property to children. Quit claim deeds are commonly used by family members to transfer real estate when warranty deeds are not needed.
Once signed, witnessed and sealed, a quit claim deed gives the grantor the right “quit” his or her interest in the property, thus transferring ownership in the property to the grantee. Whether it s called a quit claim deed, quitclaim deed or quick claim deed, it does the same thing.
Download a Quit Claim Deed Sample Form
You can use our sample quit claim deed for practice before filling out your original deed. Fill free to copy or download our quit claim deed sample form below:
To prepare your quit claim deed, date the form and fill in the grantor and grantee section and enter the address and a full description of the property to be transferred.
Next, the grantor takes the deed to a notary to sign and seal it. Once notarized, your quit claim deed should be taken to the county clerk s office to be filed.
How to File a Quit Claim Deed
To file a quit claim deed, take the original deed to your courthouse and go to the county clerk’s office. It could also be called the county recorder or deed registry office – it’s wherever the land records are kept in your county.
For a small fee, the county clerk will make a copy of your quit claim deed form and sign, stamp and date the two deeds. The clerk will then give the original back to you and file the copy in the local land records to record the deed.