This term sounds complicated, but actually it is easy to understand. For example, if there's some question as to whether you might have a claim to the property as a result of some confusion in the current owner's estate documents, but you don't want the property, you might use a quitclaim deed to negate any possible claim the probate judge decides you have in … Frequently Requested Forms and Applications. You'll need … Florida Real Estate. Quit Claim Deeds are especially useful during divorce proceedings. The four basic types of deeds, in order of decreasing benefit to the Grantee, are: the Warranty Deed, the Special Warranty Deed, the Fee Simple Deed, and the Quit Claim Deed. You can also make a new resume with our online resume builder which is free and easy to use. There are different types of deeds based on what the deed promises. A quitclaim deed is typically used in cases that consist of a simple title transfer from one spouse to another. Specific language must guarantee that qualification qualifications as a stop are classified. A quitclaim deed is generally used when one spouse transfers ownership of marital property (i.e., the marital residence) to the other without it being sold (typically in the form of a $1 dollar transfer). As the property owner, you have the right to give it away or exchange it for other property. A quit claim deed is a form for transferring interest (ownership) in property from one person (the grantor) to another (the grantee). There are four basic types of deeds in Florida with some specialized deeds based on one of the four types. "The Forms Professionals Trust ™. A quitclaim deed is typically used in cases that consist of a simple title transfer from one spouse to another. If you owned a home together, filing a quitclaim deed will change ownership from both of you to just your ex-spouse. Nov 25, 2019 - Explore Carl Glendon's board "Quitclaim Deed Form" on Pinterest. They transfer ownership interest in the marital home from one spouse to the other. (Other common deeds include general warranty deeds, special warranty deeds and personal representative deeds.) For example, the deed dividing property on divorce may state: This Quitclaim Deed is made to divide the property of the parties hereto pursuant to the Final Decree of Divorce issued by the 77 th Judicial District Court, Freestone County, Texas, CV12-345-B, dated January 1, 2012. Description Quit Claim Deed Separation. A quit claim deed is used in a divorce to change joint ownership into sole ownership. This form is a Quitclaim Deed where the grantors are husband and wife and the grantees are husband and wife. We recommend that you download the state-specific sample, in this case, the free Florida quitclaim deed form. How To Prepare Quit Claim Deed After Divorce LA County. The party transferring the real estate usually prepares the quitclaim deed since the divorce decree often makes it his responsibility to transfer the property. In Florida, a quit claim deed is a document that transfers ownership from one person to the next in an expeditious manner without a guarantee or warranty on the property. Regardless, the best method is to safeguard the interests of all parties. Grantors convey and quitclaim the described property to grantees less and except all oil, gas and minerals, on and under the property owned by This is because a large number of transactions involving quit claim deeds are interfamily transfers (marriage, divorce, probate, etc.) 2. The Basics of Title to Real Property To understand the effect of a quit claim deed in a divorce or legal separation, it is helpful to understand the various types of ownership. Charles E. Willmott, P.A. The Florida quit claim deed is a document used to transfer ownership of real estate with NO guarantee or warranty. A quit claim deeds search can provide information on property titles, title transfers, property title transfers, adding a spouse to a title, removing a spouse from a title, transferring property to children, transferring property, property transfers, ownership changes, property transfers without a sale, and more. The Lady Bird Deed is in effect a will and the remainderman is a beneficiary. Grantors convey and quitclaim the described property to grantees less and except all oil, gas and minerals, on and under the property owned by Grantors, if any, which are reserved by Grantors. For example, if your divorce decree states that you must give your share of your home to your ex-spouse, you must prepare the deed and ensure it is properly recorded. In other words, a quitclaim deed simply transfers ownership from one person to the other regardless of a mortgage, lien, or other contributing factors. Understanding a Florida Quitclaim Deed. Quitclaim Deed A Quitclaim Deed is a legal document used to transfer property from one person, the Grantor, to another person, the Grantee. USLegal has been awarded the TopTenREVIEWS Gold Award 9 years in a row as the most comprehensive and helpful online legal forms services on the market today. Unlike a warranty deed, a quitclaim deed does not make any claim that the property title is clear of liens.