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Despite the amounts involved, it is possible to transfer ownership of your property without money changing hands. This process can either be called a deed of gift or transfer of gift, both definitions mean the same thing.
After you have completed the forms, signed them, had them docHubd, the documents must be taken/sent to the County Recorder/Assessor in which the property is located. At the time of writing of these instructions the fee to file a Quitclaim Deed in most counties is between $200 and $350.
A quitclaim deed is legally binding. The transferring spouse eliminates his rights to the property after signing it.
(a) A completed real estate excise tax affidavit is required for transfers by gift. A supplemental statement approved by the department must be completed and attached to the affidavit.
In Washington, the requirements for a Quitclaim deed are simple: it must be in writing, contain a legal description of the property, be signed by the grantor, and the grantors signature must be docHubd.
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People also ask

How much are transfer taxes in Washington? The REET in Washington State is: 1.1% on homes less than $500,000. 1.28% on homes between $500,000 and $1,500,000.
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 Washington deed is used to transfer the ownership of property from a grantor, or seller, to a grantee, or buyer, in the State of Washington. This form is usually completed after a purchase and sale agreement has been authorized and a deed transfers the actual property.
In Washington, real property must be transferred by deed. RCW 64.04. 010. The basic requirements for a Washington deed are that it must (1) be in writing, (2) be signed by grantor, (3) be acknowledged (i.e., docHubd), and (4) contain a complete legal description of the property.
Washington Quit Claim Deed Form Summary The Washington quit claim deed form gives the new owner whatever interest the current owner has in the property when the deed is signed and delivered. It makes no promises about whether the current owner has clear title to the property.

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