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Click ‘Get Form’ to open the Quitclaim Deed in the editor.
Begin by entering the First Grantee's details, including their name, address, and telephone number. This identifies the husband and wife receiving the property.
Next, fill in the Second Grantee's information, which should mirror that of the first grantee if both are husband and wife.
In the section labeled 'THIS INDENTURE WITNESSETH,' specify the corporation's name and state of incorporation. This establishes who is transferring ownership.
Indicate the sum for which the property is being transferred. This amount should be clearly stated in dollars.
Provide a detailed legal description of the real estate being conveyed. Attach this as Exhibit A if necessary.
Complete the execution section by having an authorized representative of the corporation sign and print their name along with their title.
Finally, ensure that a Notary Public witnesses the signing and completes their section to validate the deed.
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The quitclaim deed simply transfers any interest they may have to the other party. Because of the lack of title guarantees, quitclaim deeds are most often used to transfer property between two parties who know and trust each other, such as family members.
Does an attorney have to prepare a deed in Indiana?
Indiana Attorney Involvement Deeds, power of attorneys, and other legal documents that involve legal consequences of actions must be prepared by an attorney.
What are the requirements for a quitclaim deed in Indiana?
A quitclaim deed will only be valid if the grantor signs it before a notary public and the notary public stamps it with their seal (Ind. Code 32-21-2-3). The grantor should refrain from signing it until theyre in front of a notary; otherwise, the notary wont be able to authenticate the signature.
What is the most common circumstance in which someone will issue a quitclaim deed?
Quitclaim deeds can be used in a number of different situations, though they are most common when transferring property between family members or spouses. For example, after a divorce one spouse may sign a quitclaim deed to officially sign over ownership of the home.
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THIS INDENTURE WITNESSETH, That GRANTOR(S), the Grantor(s) of GRANTOR COUNTY County, State of GRANTOR STATE Release(s) and Quit Claim(s) to the STATE OF INDIANA
by AMYE HIGDON Cited by 2 were married in 1989 and, in 2005, husbands parents conveyed two parcels of real estate by quitclaim deed to husband and husbands brother as joint tenants.
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