Arizona Quitclaim Deed

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Commonly Asked Questions about Arizona Quitclaim Deed

What does a quitclaim deed do in Arizona?

Shifting Sands of Property Rights: As the dynamics of property ownership evolve, a quit claim deed allows for the fluid transfer of one owners interest to another. Its the mechanism that adjusts the ownership shares among partners, responding to the changing needs of personal and business relationships.

How to transfer ownership of a house in Arizona?

To transfer ownership of a property to a relative in Arizona, it is necessary to complete and file a legal document known as a deed. The signed deed must then be recorded with the countys land records office where the property resides.

How much does it cost to file a quit claim deed in AZ?

Quit Claim Deed: $299, Prepared by a Licensed Professional.

How do I add someone to a house title in Arizona?

You will need to record a deed to add a name. The deed will need to contain the complete legal description of the parcel you wish to convey. We recommend you have the deed docHubd prior to recording it with the county recorders office.

How does a quitclaim deed work in Arizona?

A quitclaim deed can be also be used to add or remove multiple people from an Arizona home deed or title. For example, lets say five siblings owned a home together as an investment, but two of the siblings want out. A quit claim could be used to remove the two siblings, but keep the three investors on title.

Disadvantages What are the disadvantages of a quit claim deed?

What are the Disadvantages of a Quit Claim Deed? No Protections For The Transaction: Unlike warranty deeds, a quitclaim deeds does not offer protections for the new property owner. There is no way to guarantee that the property is owned free and clear, and that there are no easements or restrictions. What is a Quitclaim Deed? | Trust Will trustandwill.com learn what-is-a-quitclaim-deed trustandwill.com learn what-is-a-quitclaim-deed

What is the difference between a warranty deed and a quitclaim deed in Arizona?

A warranty deed promises that the grantor holds good, clear title to a piece of real estate. It promises also that the grantor has the right and authority right to sell it to the grantee or buyer. A quitclaim deed, on the other hand, makes no promises about the quality of the title to the property.