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Arkansas recognizes tenancy by the entirety, which signifies property ownership by a married couple.
Which States Recognize Tenancy by the Entirety. There are 26 states in the US which have tenancy by the entirety statutes on their books. The rules regarding tenancy by the entirety vary from state to state.
by Practical Law Real Estate. A deed transferring title and legal interest in real property from the grantor to the grantee with full covenants and warranties.
Community Property in Arkansas In terms of real estate, this may mean that property purchased by one spouse in a community property state as an investment or vacation home would be considered community property, even though conveyed by an Arkansas resident.
An Arkansas quitclaim deed transfers real estate to a new owner with no warranty of title. The current owner quitclaimsor transfers without warrantywhatever title and rights he or she has in the property.
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Updated June 03, 2022. An Arkansas quitclaim deed is a form that is used to transfer property from a seller to a purchaser without any warranty on the title. This type of deed only transfers the interest that the seller owns which may be no interest at all or clear title to the property.
An Oklahoma general warranty deed is a written, signed instrument for legally transferring title to Oklahoma real estate. 1. A general warranty deedor just warranty deed in the Oklahoma statuteis distinct from other Oklahoma deed forms because it transfers real estate with complete warranty of title.
States with tenancy by the entirety are: Alaska, Arkansas, Delaware, Florida, Hawaii, Illinois, Indiana, Kentucky, Maryland, Massachusetts, Michigan, Mississippi, Missouri, New Jersey, New York, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, Tennessee, Vermont, Virginia, and Wyoming.
There are no implied warranties in connection with a quitclaim deed. This type of deed guarantees nothing and there is no expressed or implied warranty that grantor owns the property or any interest in it. Moreover, a quitclaim deed does not convey any after-acquired title.
In Arkansas, every legal transfer of real property requires a Real Property Transfer Tax Affidavit form. This form should be completed by the grantee and filed with the instrument (A.C.A. 26-60-107). When real property is conveyed as a gift, no transfer tax is due.

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