Quitclaim Deed by Two Individuals to Corporation - West Virginia 2025

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The document is a Quitclaim Deed in which two individuals (Grantors) transfer their interest in a specified property to a corporation (Grantee) for a nominal consideration of ten dollars. It includes legal descriptions, reservations of rights, and declarations regarding the consideration for the property. The deed requires signatures from the Grantors and notarization, along with provisions for tax statements to be sent to the Grantee.

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Click ‘Get Form’ to open the Quitclaim Deed in the editor.
Begin by entering the names of the two individuals acting as Grantors in the designated fields. Ensure that both names are clearly printed.
Next, input the name of the Corporation receiving the property as Grantee. This should be followed by specifying the County and State where the property is located.
Attach a legal description of the property as Exhibit A. You can easily upload this document using our platform's file upload feature.
Complete all applicable statements regarding consideration and exemptions from excise tax. Fill in any required monetary values accurately.
Both Grantors must sign and date the document. Use our platform’s signature feature for convenience.
Finally, ensure that a Notary Public acknowledges the signatures, filling in their details as required.

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What makes a quitclaim deed invalid?

Potential for Fraud or Duress: If a grantor is coerced or tricked into signing, the deed can later be voided. Difficulty Proving Ownership: Without warranties or title insurance, the grantee may struggle to prove valid ownership in future disputes.

What is the most common circumstance in which someone will issue a quitclaim deed?

Quitclaim deeds can be used in a number of different situations, though they are most common when transferring property between family members or spouses. For example, after a divorce one spouse may sign a quitclaim deed to officially sign over ownership of the home.

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.

What is the most common use of a quit claim deed?

Quitclaim deeds are typically used to transfer property in non-sale situations, such as transfers of property between family members.

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.

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.

What are the common reasons to remove a name from a deed?

Death, divorce, and changes to personal circumstances are all common and can result in the need to remove an individual from a house deed. Removing yourself from a deed is relatively easy. You can simply utilize a quitclaim deed, a deed of conveyance, or an interspousal transfer deed, depending on your situation.

Can a title company do a quitclaim 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.

Quitclaim Deed by Two Individuals to Corporation - West Virginia 2025

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