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Commonly Asked Questions about Quitclaims Legal Forms

How much is a quit claim deed in MD? For a flat fee of $240 - $250 in most cases (plus governmental recording fees) the firm can in most circumstances have an attorney prepared deed ready for signature in 2-4 business days.
There are three different types of deeds: general warranty, special warranty, and quitclaim, which is also referred to as quit claim deeds or even the common mistake quick claim, a nod to the expediency of the quitclaim deed. All three types of deeds confer property title.
First, you need to make sure you fill out the quitclaim deed properly and get it docHubd. Next, take the quitclaim deed to the County Recorders Office. Make sure to file a Preliminary Change of Ownership Report and a Documentary of Transfer Tax or a Notice of Exempt Transaction.
Quitclaim deeds lack certain protections and promises found in other types of deed to real property. Because of this, they should only be used under certain circumstances. These include transferring real estate between close family membersfor instance, from a parent to a child.
While its technically possible for property owners to draft a quitclaim deed themselves, attempting to do so on behalf of someone else without the necessary qualifications, including title companies and non-lawyer services, can very likely be deemed an unauthorized practice of the law.