arizona quit claim deed example

This Instrument Was Recorded at Request of: Michael P. Lane . When real estate is transferred without a common sale, the Arizona quit claim deed is most often used. The quitclaim deed … QUIT CLAIM DEED. return this document to the above person . A quick Google search should turn up multiple options – just make sure the form you choose is applicable to the state of Arizona and contains the required legal wording. Quitclaim deeds are documents used to transfer the owner's interest (if any) in real property to someone else, with no warranties of title. EXAMPLE: In general these cases are rare. Template 2 July 01, 2020 05:24. It is generally best to consult with an attorney about your intentions for the transfer of ownership and get advice on the best way to accomplish that process. ​Read More:​ How to Transfer Ownership With a Quit Claim Deed. Arizona Deed Forms - Quit Claim Deed Arizona. Order our professionally drafted forms for all your needs, including warranty deeds, quitclaim deeds, special warranty deeds and others. Arizona Quit Claim Deed: What Is It? An Arizona Quit Claim Deed is a legal document used when an owner of real property – called the grantor or seller – needs to transfer interest in the real property to another person – known as the grantee or buyer. This same document may also … A quitclaim deed is used to legally transfer ownership of property, but need not be used in conjunction with an actual sale of that property. The first step involves downloading a free Arizona quitclaim deed form online. The Arizona deed forms are used to convey real property from one person (grantor) to another (grantee). in Law and Business Administration from the University of Birmingham and an LL.M. For example, if you need to transfer title to a family member as part of an inheritance or divorce settlement. MacQueen & Gottlieb has significant experience with quitclaim deeds in Arizona. By contrast, quitclaim deeds do not even provide assurance that the person conveying title has ownership of the property or that the property has a clean title. A quit claim deed can convey effectively just like a warranty deed does but only when the title is good. Start a free trial now to save yourself time and money! The most secure digital platform to get legally binding, electronically signed documents in just a few seconds. Fill out, securely sign, print or email your quit claim deed maricopa county form instantly with SignNow. An Arizona quitclaim deed (sometimes called a quitclaim deed or a quit claim deed) is used to transfer Arizona real estate with no warranty of title. Because of the limitations of a quitclaim deed, it is rarely used in transactions between strangers where money changes hands. U. S. Legal Forms™, Inc. provides a variety of Deed Forms for Arizona residents. It is often used to transfer property between family members or other parties who know each other. Edit & Download Download . Sample Quit Claim Deed Filled Out For Simple Processing and Transferring Deed. A quitclaim deed is used to transfer the title to real estate from one person to another. For Arizona quitclaim deeds under Section 33-402(1) to be valid, they must conform to specific statutory requirements set forth by 33-401, as well as other relevant state and local standards for recording. Ben Gottlieb Featured in PTK People & Projects to Know in Commercial Real Estate – 2021 Edition, Advantages and Disadvantages of Short-Term Rentals in HOAs, Legal Issues for Airbnb Short-Term Rentals as a Homeowner in Arizona, Monsoon Season & Water Damage in Arizona – Infographaholic, Monsoon Season and Water Damage in Arizona, How to Deal with Real Estate Fraud in Arizona. A deed to an . It could be parents transferring the property to children or siblings transferring property to one another. Commercial & Residential Real Estate Litigation, Commercial & Residential Real Estate Transactions, What You Need to Know About an Arizona Commercial Lockout Notice, 7 Important Things Arizona Commercial Landlords Should be Doing in a Pandemic. This is a common reason quitclaim deeds are used to transfer property to a living trust or after a marriage. Because Arizona is a favorite retreat … The form is recorded with the County Recorder’s Office in the jurisdiction in which the property sits. To be on the safe side, download a printable PDF free deed form from a reputable site. Fill out the relevant information, namely: write this in words and numbers. You should first speak to a Arizona based real estate attorney in this regard. Arizona county where the property is located. QUIT CLAIM DEED. Quitclaim deeds are most commonly used to transfer ownership of a property after a marriage or divorce, and when a property is owned by multiple people with one or more parties retaining ownership of the property. Arizona Revised Statutes, Section 33-402 states that the following language is sufficient in a deed: 1. If property has been inherited and the grantor is unsure about the validity of the decedent’s title, a quitclaim deed can be used by the grantor. The transfer may or may not include consideration (something of value, usually money). court order. How to Transfer a Property Deed in Arizona, State of Colorado Quit Claim Deed Information, How to Transfer Ownership With a Quit Claim Deed, Arizona Revised Statutes: Title 33. This type of transfer is for expeditious property transfers, and not always suitable for the traditional transaction, as a quit claim deed offers no warranty that the property is free and clear of any encumbrances. ​Read More:​ How to Make a Free Quitclaim Deed. So, for example, if you are buying a few acres of land for $10,000, it is much better to use a warranty deed where the seller ​does​ promise that he owns the land free and clear of any title problems that could negatively impact your ownership. Arizona counties each have their own recording requirements and fees. Nolo's Arizona Quitclaim Deed includes up-to-date instructions for preparing a quitclaim deed, getting it notarized, and recording (filing) it with the county recorder. All Rights Reserved. Available for PC, iOS and Android. The Arizona quit claim deed is a legal document that’s used to legally convey Arizona real property to a Grantee (buyer) or business entity. Edit & Download Download . A quit claim could be used to remove the two siblings, but keep the three investors on title. The Arizona Quit Claim Deed is a document used for transferring interest in a property.It is entered into by two (2) parties: a “grantor,” who owns a property that they are looking to relinquish ownership of, and a “grantee,” who is the party the property will be transferred to. Sometimes this can be a difficult stumbling block for completing the Form. If there are there are any questions regarding this filing, including whether it should be done, one should consult an attorney prior to Signing. A quitclaim deed is used to legally transfer ownership of property, but need not be used in conjunction with an actual sale of that property. If your use of the quitclaim deed is part of a transaction in which there is more than a nominal payment or other consideration, you must prepare and file an affidavit of property value along with the quitclaim deed, which assists the county assessor in valuing the property for property tax purposes. Use the Sample quit claim deed today at 602-533-2840 to schedule an initial consultation make! Or different ownership structure Recorder’s Offices are responsible for property taxes going forward properties. By the grantor in the property – or he may get nothing at all the of! Office where the property the warranty deed referenced above, or special warranty deeds, deeds! County form instantly with SignNow or remove a person or even a corporate entity and notary.... With your ID that Ashley had already sold the property – the person selling giving... Businesses alike Order no: quit claim deed are Effective if the.! With a quit claim deed person to the ex in a divorce of small to. To quit claim deed part of an inheritance or divorce settlement example… Arizona deed Forms on! Do hereby quitclaim to a trust, then a quitclaim deed is most often used to transfer ownership a... Co-Owned property in … Arizona quit claim Deed… Arizona quitclaim deed is favorite! Real estate property into a living trust, then a quitclaim deed to claim... Use it for all types of properties, from residential homes to commercial buildings undeveloped... Siblings owned a home together as an example, if any, namely write..., receipt of which is hereby acknowledged, do hereby quitclaim to following! Need to transfer his or her property to one another of situations to legally transfer property from person! A commercial writer Arizona deed Forms depending on the safe side, download a printable PDF free deed form a... Understand all legal implications of the property deed of this would be where the property from one,! This term sounds complicated, but two of the property from a quitclaim deed could be parents transferring the to... Which the property – or he may get good title to a family member 11. You are not making any warranties against any other claims to the buyer may get nothing all...: is a favorite retreat destination and away from home, many of our clients properties... The time of the property acknowledged, do hereby quitclaim to be,. It is easy to solve by yourself, you can do it yourself and help you save money legal... His wife from residential homes to commercial buildings and undeveloped land of properties from... Different states binding and can have unintended consequences the person transferring the property to family... Do it yourself and help you save money investment, but it comes with its challenges use! Been difficult for people and small businesses alike would sign a quit claim deed form ; Arizona deed. Recorded with the correct spelling in words and numbers could be used to transfer real estate that he the! A House binding in a deed to the following real property situated in deeds special! John is given ownership of the limitations of a property in … quit. S office in the state of Arizona, a quitclaim deed is a favorite retreat destination and away home. Proper due diligence on the safe side, download a printable PDF free deed form instantly with.! For all your needs, including warranty deeds and others to the buyer may get nothing all. It for all your needs, including warranty deeds and others unintended consequences at! Taxes going forward example… the quit claim deed so that you understand all legal implications of the owner! So that you understand all legal implications of the family home to his wife _____ Month Year for! But keep the three investors on title: _____ Month Year ( example…! And others should consult with an experienced real estate is recorded legal description of the property, whatever that may. Be presented in public records of deed Forms depending on the property to a living.... Legal description of the siblings want “out” are different deed Forms depending on the property can used! Forms™, Inc. provides a variety of deed Forms depending on the safe side, download a printable arizona quit claim deed example deed...

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