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- เผยแพร่เมื่อ 8 ก.ค. 2024
- Create your own Quit Claim Deed: retipster.com/go/rl-quitclaim... (REtipster Affiliate Link)
00:00 - Intro: What is a Quit Claim Deed?
01:05 - When does it make sense to use a Quit Claim Deed?
02:37 - Quit Claim Deed vs. Title Companies
03:18 - Looking for a Quit Claim Deed template? Check out RocketLawyer
04:49 - The process of setting up your Quit Claim Deed with RocketLawyer
12:25 - Review the Quit Claim Deed document generated by RocketLawyer
13:49 - Plans & Pricing - RocketLawyer
14:34 - The appropriateness of using a Quit Claim Deed: If not sure, verify your information with an attorney
15:26 - How to sign up with RocketLawyer? retipster.com/quitclaimdeed
15:40 - Final words
The DEED is the most important item in a real estate transaction because it’s the official document that transfers the property’s legal title from one person or entity to another.
When all is said and done - the ultimate definition of who owns property all comes down to what’s written in the DEED. This is the document that everything else revolves around.
Several different types of deeds can be used when transferring real estate. One commonly known type of deed is the Quit Claim Deed (sometimes confused as a "Quick Claim Deed").
With a Quit Claim Deed, the seller is offering absolutely no guarantees or promises of any kind about the property’s title. By signing this document, the seller is simply saying,
“Whatever interest I may have in this property (if anything), I am transferring it to the buyer.”
A Quit Claim Deed provides no warranty about whether the title is clear - so if a buyer is willing to accept this, they should be doing their homework to ensure the property has a clear chain of title.
For more information on how to close a cash real estate transaction (when no financing is involved), you can read more about the basic steps in this blog post: retipster.com/how-to-close-cas...
Note: I have had a great experience with Rocket Lawyer, but your experience may vary. The link above is an affiliate link, and at no additional cost, I will earn a commission if you decide to purchase this particular tool/service. I recommend this resource because it is helpful and useful, not because of the small commission I make if you decide to buy it. Please do not spend your money on this unless you feel it will help you achieve your goals.
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This is one most informative, plain & simple language videos I have watched on You Tube.
Well Done...
Thanks for the kind words! That's great to hear!
Wow I was going to pay an attorney to fill this out for me and he was going to charge me $2900 but I ended up doing it myself this week and save that money
Thank you this is really clearing ups a lot of the mud!!! It's like you said when you've never done some these forms a lot of it does not make sense.
gosh darnet! this is easy. ask three people, three different answers! Seems like this is the right way. much apprciation. subscribed.
Thanks Jay! Glad it was helpful.
Thank you! This was very helpful.
You explain things well. Thanks!
Thanks Tasha!
VERY CLEAR EXPLANATION!
WOWW, THANK YOU, love how easy you make it.
Thank you for this, absolutely clear and precise info blessings & peace to you!
Glad it helped!
FRFR
Thanks for the info. God bless u
Amazingly Easy .. Appreciate The Info Bro!
Glad it helped! Thanks for watching.
Do you have to put a dollar amount or can it be zero dollars? I’ve also noticed on the quit claim deed that I have that there is a grantor signature but no place for the grantee to sign, is this correct?
great video, helped me lot
Seth Williams is it safe to buy a deed interest from a third-party company that claims that they have deed interest into a property
Can you get a warranty from the previous owner if you purchased the property at a tax sale?
Thank you!
thank you and i will go though you.
If a quit cliam deed happend between interfamily with power of attorney of same person.. Is there chace to be a fraudulent.
if the grantee is married do you have to put married or can you put single. I want to go do that and if I put the grantee is married at automatically tries to make me put their spouse in as well. I'm trying to transfer it over to my wife's name and I don't want it in my name at all but if I go to transfer and put her as married it automatically tries to make me be attached to it since I'm her husband. I don't live in a communitive law state either.
Hmmm, interesting. I can see why the system is defaulting to include you, but it probably isn't accounting for these situations where one spouse is transferring all of their ownership to the other (which is odd, you'd think it would know how to handle this because it's not an uncommon thing). In any event, you should be able to download the final document as a word document, and then you can edit yourself out as the grantee.
I had my ex removed using a quit claim deed in 2017. It was filled out incorrectly and the Married box was checked. We was not married at the time but now in 2021 I am refinancing my home but the title search company stated we need to correct this information. They advise just redo the quitclaim deed but as of 2020 this person has a restraining order against me so I can not contact this person. The records depart advise I submit a affidavit but I am not sure how. Will the affidavit solve my issue so the title company and bank can move forward with my loan?
Hi , What should I do first to buy a house with quit claim deed sale?
Thanks.
it is free and clear
What if you don't have a date of sale and just want to clear the joint tenancy? I'd rather use a blank form and not pay the monthly subscription.
thanks
This is great! Saved me $250 from LegalZoom
What’s that?
What if you are transferring a property to a friend, not family, can you use this? All in Ny
Hello how about the notary stamp
Good info, so what do you do with the form once it's filled out?
You should bring them to the Public records office
What form do i need to add my spouse to my title ? In texas also I have a mortgage I dnt own yet. Lmk thnx. ( my lender said if I dnt wanna refinance that I can put them on the deed)
more info here then the those big real-estate guys got
Can i use a quit claim deed for subject to existing mortgage?
how can I transfer a house in a trust back to my name before I refinance ? Thanks
@Retipster do you have a video for a business to business quickclaim deed?
Not beyond this video above. Have you tried creating it with Rocket Lawyer yet? They should be able to handle that scenario, I would think: retipster.com/go/rl-quitclaimdeed/yt-8k4Btnk1INA and if they can't for some reason, US Legal has QCD templates for everything scenario you can imagine: retipster.com/go/deeds/yt-8k4Btnk1INA
We for the first time are doing a quit claim purchase only because it is family & we had a title search cleared.Also we are having an attorney do it for us to be safe.My question is there another step through. County court?
If you've got an attorney handling this for you, I would imagine they've got you covered. Just make sure the deed actually gets recorded by the county, so the new owner is of public record and the property tax bills are sent to the right place.
But it's easy enough to prove that I am the rightful over of a property on the county site and that there are no back taxes or liens.... I want to sell a cheap vacant lot for $1900 via quickclaim deed since not worth paying for closing costs or property insurances. Any value in having a notary stamp the sales documents? Fair to ask buyer to meet me at the bank and transfer funds BEFORE the property is signed over?
What u selling? State?
Do I still use a quitclaim deed in a situation where my grandmother doesn't want to make a will and wants to give the deed to the house to my mother?
I can't really give you any legal advice on that (since I'm not a lawyer). Sorry!
I'm not an attorney(and I offer NO legal advice), however, I am a paralegal that has conducted many title checks and prepared countless title opinions and deeds over the years, for attorneys. I CAN NOT ADVISE YOU LEGALLY as to what you should do, but I will tell you what I would do. I don't know what state you're in, but in my opinion, if your mother is the only child of your grandmother and there are no liens on the home, I would do it. She(your grandmother/the Grantor) would just be basically saying that she is giving any interest that she owns at the time of the quit-claim deed being executed to your mother(the Grantee). She's not making any warranty or guarantee that she actually owns it, even if she knows that she does. She's just basically transferring it out of her name and into your mother's, thereby removing herself from any ownership. That's why most of the time only relatives and in some cases, close friends and at some tax sales use them. As long as your grandmother owns it, then I would use a quit claim bc it's just easier and cheaper. You wouldn't need to hire someone to complete a full title check and prepare the warranty deed. Now, your grandmother can also retain whats called a "life estate" in it also, whereby she states that she will Iive there until her death and at that time it will become the property of the grantee. That's just to make sure she doesn't get kicked out. (It happens!) I hope this helps and didn't cause more confusion. If you have any more questions, I would contact a property attorney. I've found that most smaller attorney offices will give you free advice on the phone for simple matters, at least once. I worked for one that would. (If there are more children than just your mother, she should definitely contact an attorney in your state just to make sure that no one can contest the validity, just like they could a will). Laws vary so much from state to state and if you're in Louisiana, you might as well be on the moon bc their laws are completely different from any other state.
So once the quit claim deed is recorded after it is signed by both parties, how soon does the granters name get removed from the title so that the title is now put into the grantees name?
It technically happens immediately after it's recorded, but the public information systems can take a while to get updated and reflect the change (anywhere from a few days to several months, depending on how slow the county's systems are).
@@Retipster what if they don’t want to sign the form n it was someone that was going to buy the house but never did. What form can be done to forclose on a person for a residence contract of sale . N how long is the process? I’m trying to sell my house n some man in 2010 did something n they want him to sign this form above but he wants money n I don’t want to pay him for he was going to buy but never did he was a scammer n did this to many people never paid a dime
What do you do with the deed once it's filled out? File it with the county?
Yep, you'd send it to the County Recorder (or Register of Deeds) along with the fees required to get the document recorded.
@@Retipster thanks so much
What happens if my siblingS are transferring the property to me? (They each own one fifth, including me.). Do I need to create a quit claim for each? When entering the value of the property, is it the value of the property divided by Five?
Did you ever get an answer? I'm in the same situation, my parents are deceased, I'm one of 5 kids, they had designated which kid inherited each piece of property. I was going through a divorce at the time and didn't take care of business by transferring the property they left me. There isn't any dispute by any of my siblings about my part, thankfully. But I'm not sure what I need to get the property recorded in my name.
How did you end up going about this? Hope it all went smoothly for you!
I'm sorry. I can't remember exactly. But i believe there was one quit claim deed signed by all my siblings.@@getyurassouttahere
See above. this was handled by a lawyer. I can't dig out the records right now. @@JJ-dw3vu
CAN I USE IT TO OBTAIN A PROPERTY AND PAY NO TRANSFER FEES?
Do you still have to pay closing cost after?
After signing and processing the quit claim deed
Better yet, is there a closing cost for the quit claim deed?
Rule 1. never trust anyone that advises you to talk to a lawyer.
Hello, if i transfer my 30% interest to my spouse that we own together, will that sever the joint tenancy we hold with the other interest owners on the property?
does the front and font size have to be exactly like the lawyers?
I'm not sure if I understand the question. Most counties do have certain margin requirements (so they have enough room to put their recording stamp), but I'm not sure if the font matters so much, as long as it's legible (i.e. - don't use wingdings).
@@Retipster thanks I just did a quit claim deed much faster and easier
where do I need to go to register a quitclaim deed in California?
The county recorder's office, of whichever county the property is located in.
and do we just walk in there our selves to hand in..
can u answer a question? I purchased a townhome with an external garage 6 months ago. but I found out later I never got the deed to the external garage. but neither did the 2 owners before me. what appears to have happened, is the developer never transferred the title over to the first owner of the townhome (and so the second and third owners never got the deed either). however, 13 years later (about 4 months ago) the developer sold all the external garages to a storage rental company (LLC). the LLC bought all the external garages from the developer. so I was told by the LLC, get out....this is my garage. and when I check the county parcel records, sure enough the LLC did own the garage I thought was mine. now I get a call 2 weeks ago from a developer representative saying they will give me 10K to sign a QUIT CLAIM DEED on the garage. but the garage is probably worth twice that. QUESTION. does this external garage most likely have a CLOUD ON THE TITLE? also, is there anyway for the LLC to remove the cloud from this title without me signing the quick claim deed? I am bargaining with the developer to get the garage back (of course they would need to buy it back from the LLC and give it to me). so I would like to know how powerful of a position I am in when bargaining with them. my real estate agent tells me with the cloud on the title I am part owner of the garage even though the LLC has the title to it because they can't really do anything with it (like sell it or even rent it out). I know there are ways in court to QUIET A TITLE but I don't know that it would apply in an instance like this.
Wow, that sounds like a messy situation. When you bought the property, did you close with a title company or attorney and get title insurance? This is precisely what title insurance is for. If you (and the previous owners) didn't, then the only way to clear up the title would be to do a quiet title action... however, if someone else is actively fighting for their claim to the property, that process will most likely NOT be cut-and-dry (and honestly, it probably wouldn't even work). It sounds like you should talk with a legal professional in your area to find out what your options are. Sorry to hear about this - sounds like a nightmare!
my contract didn't include the garage. my agent blew it and didn't catch that. there is no reference in the closing documents or title documents to the external garage. the MLS listing mentioned the external garage was included but that was it. I am the 3rd owner. BUT, the 1st owner of the townhome did have a contract that included the external garage. he is the one that never got the title deeded over to him and it carried over to the second and third owners. my agent seems to think since the first contract of the first buyer included the townhome, then that also applies to the second and third owners (not sure that is true as he does want someone else to be liable for my potential loss instead of him).
so, is it possible the FIRST OWNER CLOUDED THE TITLE (took some sort of action to cloud the title). I know I didn't and I don't think the second owner did.
@@wasatchm - based on what I'm hearing, it doesn't sound like you have a very solid case for keeping that garage (if it wasn't in the deed or the purchase agreement). MLS listings have incorrect information all the time (and they even have disclaimers at the bottom saying the information isn't guaranteed), so I don't think that alone will give you much of a leg to stand on, unfortunately.
I do not like people making a video with many "I do not know" If you do not know do not make a video. The TH-cam platform is designed for people to share experiences not speculation. Many people abuse it and come with "I do not know but I will Say" REtipster is one of them.
Can I use a Quitclaim to add my wife to my deed. I purchased before we were married. In California
Thanks
Seth Williams but why does it ask $ instead of %? In amount to transfer? Would an interspousal deed be better?
Seth Williams got it. Thanks. Just subscribed
What was the answer? I’m going through the same thing but Texas
what's the answer?
This form does not include important legal wording of "Joint Tenants with Right of Survivorship" for adding Spouse.
That wording varies by state (some states don't even recognize JTWROS). If it's not spelled out clearly, this usually defaults to a statutory standard (not an attorney, not legal advice).
You failed to mention that there is a $39.99 per month membership fee.
Only if you sign up for the membership. I usually just buy one-off documents when I work with this website.
Adding a spouse ??
so confusing, it's used for SO many things... I thought specialty deeds is what was used for some of these cases -- but more than one video I've watched make it seem like quit claim deeds are used for about 15 different reasons including allowing easements.
Not legal advice, but I believe it's just a way for the grantor (seller, or person transferring the property) to say, "Anything I own in this property, if anything, I'm now being transferring to the grantee." It can be used for a lot of different reasons (transferring full ownership, partial ownership, or even to clear up any confusion about who _might_ own a portion of a property, even if they don't own anything).
LET US BE REIT CARAWAY ESTATE 2020™
thanks for the video... but why pay... i can get it here locally for free....
If you've got a free option, then it sounds like you're all set!
Pay for what??
Can you help me out
With what?
Wish there was a one time fee rather than a subscription
With Rocket Lawyer? There is! I buy all of my contracts from them with a per-use fee. There is a subscription too, but you aren't required to pay that way.
you forgot to say to add someone to the deed like a new spouse
Isnt it called a Quick Claim Deed?
No its what he said.. quit claim.
The seller is "quitting" their claim on the property and transferring whatever ownership/rights they have over to the buyer.
I guess things have changed since 2016. They want your credit card for the "FREE" form.
Husband..dies.wife.lives.in.home.but.her.name.is.not.on..Mortgage.or.deed..is..she
screwed??...Can..she..sale..the..home??
how do u transfer property when ur parent died how can I get the house in my name
Probate
your explanation is very clear but the whole quitclaim thing is a joke. It does not clarify how to transfer ownership of a property between a divorcing couple. If a husband wants to give up ownership and transfer it to the wife, the quitclaim form asks to fill out the grantor's spouse information, which makes the form meaningless. So confusing.
Rocket Lawyer's site it terrible, clunky and full of bugs. Don't ise it.
I came here to learn and end up having a crush.
So your say it's a free house. Well how come caretaker cousin name in my mother death certificate why he had to do a quit claim deed to get my heir forgery my fraud all document took my name off all this was done when my mother pass never gave me the will my father did I was the he heir ! But yet I have a trust account caretaker cousin will not give me my trust account number all she got a free house free money my heir wow she knew what she was doing thank you sir
This is NOT a free template! You pay unless you cancel after the 7 days trial
Did I ever say it was free?
Not specifically but at 4:00 minutes you state this is an easy document you can fill out and download. You could have said "for a fee"! Oh well. I should know better right?
@@kmp1554 ah - I see. Sorry I wasn't clearer about that Karen! I'll try to do a better job of that in future videos.
What if a man wants to add his new wife to his house?
Depending on what state he's in, she may be considered a co-owner just based on the fact that they're married (even if her name isn't on the deed). You'd have to figure out what the dowry laws are in the state where the property is located.
REtipster but if she wants her name on it does he quitclaim his deed to himself and her?
Georgia doesn’t recognize community property
I suppose that would be one way to do it (might want to verify the best method with a title company or attorney though).
SAVE YOURSELF THE TROUBLE AND GO ELSEWHERE, ITS FORCING ME TO ADD MY CREDIT CARD INFO FOR A FREE TRAIL TO GET MY DOCUMENT!!!
Avoid quitclaims. My brother was caught stealing Mother's house from the 6 other beneficiaries in the will. There were so many mistakes that, at the closing, the lawyer said it was null.
Who would I ask for a quitclaims ?
that's even better information
You failed to show the part where you have to add all your credit card information. This is just a damn Advertisement.
of course is not free, who would make free videos right?
I've actually made a lot of them for free... but this one, in particular, is not.