Quitclaim Deed in Pennsylvania

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Commonly Asked Questions about Quitclaim Deed in Pennsylvania

How long does it take to record a deed in PA?

It takes about two to three weeks. The papers are sent back to the person who records them in most cases a Title Company or Attorney. We require a self-addressed stamped envelope if they are to be returned by mail. 7.

How does a quit claim deed work in PA?

Quitclaim Deeds A Quitclaim deed provides the lowest level of protection to the grantee. It only transfers an ownership interest from the grantor to the grantee. It does not guarantee that the property is without outstanding mortgages, debts, liens, or encumbrances.

What are the requirements for a deed transfer in PA?

The deed must have a minimum 10-point font and one-inch margins on all pages. The deed must identify the municipality and county where the real estate property is located. The deed must include a notarys acknowledgment for any signature on it. The deed must include relevant information about any transfer taxes due.

Do you have to pay a transfer tax with a quit claim deed in PA?

Realty Transfer Tax Pennsylvania imposes a transfer tax when real estate is transferred, unless the transfer is exempt from the tax. Common exempt transfers include: those between spouses, parents and children, grandparents and grandchidren, and siblings.

Can I prepare my own deed in PA?

Can I prepare my own deed? We suggest that you have someone with experience in the field prepare it for you to make sure it is correct. Attorneys can perform this service for you. Employees for the Recorder of Deeds Office cannot and will not prepare deeds for you.

What is the Pennsylvania state law for deed requirements?

The document must have a formal acknowledgment (not sworn and subscribed) by a notary public, and must include the following: state and county; date (should not predate the document date); name of individual, corporate or authorized officer appearing; notary signature, notary stamp (where applicable), and expiration

How much does it cost to transfer a deed in PA?

The cost of transferring a deed in Pennsylvania depends on various factors, such as the propertys value and the county where the property is located. However, the deed transfer tax in Pennsylvania is generally 1% of the propertys value, split evenly between the buyer and seller.

How much does a quit claim deed cost in PA?

Filing Fees Each county in Pennsylvania has the right to set its own fees for filing a quitclaim deed. In Elk County, for example, the filing fee is $78.75. On the other hand, the base fee for a deed in York County is $85.25. Always check your county for any expected fees.