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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.
Under Missouri law, a quitclaim deed must be in writing, contain the legal description of the property, and meet specific signing and acknowledgment requirements. You will need to record the deed and pay a recording fee.
Adding someone to your house deed requires the filing of a legal form known as a quitclaim deed. When executed and docHubd, the quitclaim deed legally overrides the current deed to your home. By filing the quitclaim deed, you can add someone to the title of your home, in effect transferring a share of ownership.
How to Transfer Missouri Real Estate Locate the Prior Deed to the Property. The prior deed includes important information that is needed to prepare the new deed. Get a New Deed to the Property. Sign and docHub the New Deed. Record the New Deed in the Land Records.
Recording (V.A.M.S. 442.400) Must be filed at the County Recorder of Deeds. Signing (V.A.M.S. 442.130) All quit claim deeds are to be signed with the Grantor(s) in the presence of a Notary Public.
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The Missouri beneficiary deed form allows property to be automatically transferred to a new owner when the current owner dies, without the need to go through probate. It also gives the current owner retained control over the property, including the right to change his or her mind about the transfer.
The fee charged by a local County Recorder of Deeds office to record a Beneficiary Deed averages between $24 and $30. The Grantor should contact the local County Recorder of Deeds office to inquire as to the current fee charged. Upon recording the deed the Recorder of Deeds office will mail the original to the Grantor.
Signing (V.A.M.S. 442.130) All quit claim deeds are to be signed with the Grantor(s) in the presence of a Notary Public.
Missouri Quitclaim Deed Laws and Requirements Under Missouri law, a quitclaim deed must be in writing, contain the legal description of the property, and meet specific signing and acknowledgment requirements. You will need to record the deed and pay a recording fee.
Adding someone to your house deed requires the filing of a legal form known as a quitclaim deed. When executed and docHubd, the quitclaim deed legally overrides the current deed to your home. By filing the quitclaim deed, you can add someone to the title of your home, in effect transferring a share of ownership.