Get Beneficiary Deed

This can be found on an old deed or at your local County Clerk or Registry Office. A parcel ID number will also need to be listed on your Quitclaim Deed in some cases. It can be found on past tax statements. To execute the Quitclaim Deed, the grantor needs to sign the deed in front of a notary public.

Fill out the quit claim deed form, which can be obtained online, or write your own using the form as a guide. The person giving up the interest in the property is the grantor, and the person receiving the interest is the grantee.

Rates vary by state and law office but typically fall in the range of $200 to $400 per hour. Title companies routinely prepare quitclaim deeds in many states. Fees for title companies vary, but a market scan shows an average of $100 to $200 for a simple quitclaim deed.

A quit claim deed transfers the legal ownership of the property from one party to another, and doesn't require attorneys or legal help, unless you choose to consult an attorney.

Quitclaim deeds are most often used to transfer property between family members. Examples include when an owner gets married and wants to add a spouse's name to the title or deed, or when the owners divorce and one spouse's name is removed from the title or deed.

A quitclaim deed is a legal instrument that is used to transfer interest in real property. The entity transferring its interest is called the grantor, and when the quitclaim deed is properly completed and executed, it transfers any interest the grantor has in the property to a recipient, called the grantee.

Quitclaim deeds, therefore, are commonly used to transfer property within a family, such as from a parent to an adult child, between siblings, or when a property owner gets married and wants to add his or her spouse to the title. Married couples who own a home together and later divorce also use quitclaim deeds.

It's an inexpensive way to transfer property, and, while an owner of a property acquired by quitclaim deed can't sell it without a clear title, the property can be sold later after a warranty deed is obtained. ... You can then buy title insurance and, with legal title, transfer the property through a warranty deed.

A signed quit claim deed overrides a will, because the property covered by the deed is not part of the estate at your mother's death.

A quitclaim deed removes the name of one owner from the deed, while a gift deed is used to transfer a property from one owner to another. Each has their own set of rules and subsequent tax ramifications.