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Quitclaim Deed from Corporation to Individual - West Virginia 2026

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The document is a Quitclaim Deed transferring property from a corporation to an individual for a nominal consideration of ten dollars. It includes legal descriptions of the property, reservations of oil, gas, and minerals, and outlines the conditions of the transfer. The deed requires signatures from both parties and notarization, along with declarations regarding the consideration or value of the property.

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Click ‘Get Form’ to open it in the editor.
Begin by entering the name of the Corporation as the Grantor and the name of the Individual as the Grantee. Ensure that you specify whether the Grantee is married or unmarried.
Fill in the County and State where the property is located, along with a detailed legal description of the property as referenced in Exhibit A.
Complete the section regarding prior instrument reference by providing Book, Page, and Document Number from your local Recorder's office.
Indicate any reservations such as oil, gas, and minerals that are not included in this transfer.
Declare any applicable exemptions from excise tax and provide total consideration for the real estate transferred.
Have an authorized officer of the Corporation sign and date the document, ensuring all necessary titles are included.
Finally, complete notary acknowledgment sections to validate your document before submission.

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What are the risks of a quitclaim?

However, this approach has certain risks, so its not always the best option. Using a quitclaim deed might create tax issues or result in a loss of control of the property after the transfer. Additionally, the property could still require probate if you dont handle the transfer correctly.

What are common quitclaim deed mistakes?

Failing to Verify the Titles Condition. One of the biggest mistakes people make when using a quitclaim deed is assuming that the propertys title is free and clear. A quitclaim deed transfers ownership, but it does not guarantee that the property is free from encumbrances such as liens, judgments, or unpaid taxes.

How to do a quitclaim deed in West Virginia?

The signer requirements for a West Virginia quit claim deed include the grantor(s) signing in the presence of a notary public or two witnesses. The form must be signed by the grantor(s) before two witnesses and a notary public.

Can you do a quit claim deed to an LLC?

A quit claim deed to LLC transfers property ownership but does not guarantee the property is free from liens or encumbrances. LLCs provide liability protection for real estate owners, but transferring property using a quit claim deed does not remove personal liability from an existing mortgage.

How much would a lawyer charge to do a quitclaim deed?

The average cost (i.e., legal fees) for a lawyer to prepare and file a quitclaim deed is $500.00. This cost point come from recent quitclaim projects on the ContractsCounsel platform across all US states. Note, this does not include any fees to file at the county clerks office, which can range from $10 to $100.

west virginia quit claim deed form

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How to do a quit claim deed in WV?

How to File Step 1: Reference the Original Deed. Reference the original deed to discover the legal description. Step 2: List the Document Preparer. Step 3: Fill out the Quitclaim Deed. Step 4: Complete Additional Forms. Step 5: Sign. Step 6: File. Filing Fees. Taxes.

Does an attorney have to prepare a deed in WV?

Laypersons may conduct real estate closings, but may not answer legal questions that arise at the closing, or offer any legal advice to the parties. However, preparation of deeds and mortgages constitutes the practice of law and must be prepared by an attorney.

Can a title company do a quit claim deed?

0:09 1:54 A quick claim deed is a legal document that transfers ownership interest in real estate. It does notMoreA quick claim deed is a legal document that transfers ownership interest in real estate. It does not guarantee that the branch. Valit. Companies often handle real estate transactions.