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Arizona real estate is transferred using a legal document called a deed.The process involves four general steps: Locate the Prior Deed to the Property. Get a New Deed to the Property. Sign and docHub the New Deed. Record the New Deed in the Land Records.
The alternative spellings quit claim deed and quit-claim deed are generally acceptablethough used less frequently. Oklahoma legal professionals also use the word quitclaim as a verb indicating that an owner is transferring an interest without warranty. Release deed can be a synonym for quitclaim deed in some contexts.
Quit claim deeds are most often used to transfer property rights between family members. For example, a quit claim deed might be used in a divorce where one spouse receives the family home as part of the divorce property settlement. Parents might use a quit claim deed when transferring property to their children.
AZ Quit Claim Deed: $150, Prepared by a Licensed Professional.
Arizona real estate is transferred using a legal document called a deed.The process involves four general steps: Locate the Prior Deed to the Property. Get a New Deed to the Property. Sign and docHub the New Deed. Record the New Deed in the Land Records.

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Obtain the Correct Deed Transfer Document. Obtain the correct deed transfer document. Enter Full Legal Names of All Parties. Fill Out the Costs. Enter the Legal Description. Sign in Front of Appropriate Witnesses. Obtain an Affidavit of Property Value. Record the Document at the Recorders Office.
What does a quitclaim deed do? A quitclaim deed transfers the title of a property from one person to another, with little to no buyer protection. The grantor, the person giving away the property, gives their current deed to the grantee, the person receiving the property.
A quitclaim deed is one of the common options to transfer ownership of a property in Arizona. Quitclaim deeds can be used in a variety of situations to legally transfer property to a trust, co-owner, or different ownership structure.
It is possible to transfer the ownership of a property to a family member as a gift, meaning no money exchanges hands. This differs to a Transfer of Equity, where the owner remains on the title and simply adds someone else to it.
33-412. B. Such unrecorded instruments, as between the parties and their heirs, and as to all subsequent purchasers with notice thereof, or without valuable consideration, shall be valid and binding.

Related links

How A Transfer On Death Deed Affects Medicaid Benefits

Jan 1, 2020 Transfer on Death Deeds offer property owners a method to transfer ownership of property upon death without going through probate.

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ONHIR Management Manual - UserManual.wiki

The ONHIR will not process nor accept quit claim deeds to individuals executed by the owner and/or received by ONHIR after 5/12/87. The ONHIR will review

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11-1134 - Exemptions

A quitclaim deed to quiet title as described in section 12-1103, subsection B or otherwise executed for no monetary consideration.

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