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In order to transfer property to a family member as a gift, youll need to execute a Deed of Gift. This is also known as a Transfer of Gift. This legal process ends with the family member(s) classified as the propertys legal proprietors.
Moving Forward Type of DocumentPrior Fee Structure*New FeeDeed of Transfer (e.g., Limited Warranty Deed, Quitclaim Deed)$10.00 for the first page, $2.00 for each addl page$25.00Security Instrument or Modification of Security Instrument (e.g., Security Deed, ALR)$10.00 for the first page, $2.00 for each addl page$25.006 more rows Jun 11, 2019
No guarantees to the new owner: Unlike a warranty deed, a quitclaim deed does not guarantee that a property is free from title defects such as tax liens or title claims from third parties. For this reason, it is a poor legal instrument to use when selling a piece of property for cash considerations.
Quick Claim Deed Ga While you will not require an attorney for this legal form, it must be signed and a notary public will be required to docHub the signatures of both parties, the grantor as well as the grantee.
There is a $10.00 filing fee that is to be paid to the clerk when the Quit Claim Deed is filed (if the Deed is more than one page there will be an additional cost). The Grantor must also file a PT-61 Real Estate Transfer Tax Form along with the QuitClaim Deed.
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Although there is no time limit for recording a Georgia quitclaim deed, failing to do so can result in potential problems. For example, if the grantor conveys a real estate to one grantee who doesnt record the quitclaim deed, and to the other grantee who does, the first grantee loses the property.
How to Write and File a Quitclaim Deed in Georgia Step 1 Obtain the Georgia Quitclaim Deed Form. Step 2 Fill out Form Details. Step 3 Write Deed Delivery Name and Address. Step 4 Enter Preparers Name and Address. Step 5 Get Signatures and Have Deed docHubd. Step 6 Pay Real Estate Transfer Tax.
Here are the steps to completing a deed transfer in Georgia: Names the Current Owner and New Owner. Contains a Description of the Property. Signed by Current Owner. Two Witnesses: Unofficial Witness Notary Public. Complete a PT-61, Transfer Tax Form. Record Deed in County Real Estate Records.
Although there is no time limit for recording a Georgia quitclaim deed, failing to do so can result in potential problems. For example, if the grantor conveys a real estate to one grantee who doesnt record the quitclaim deed, and to the other grantee who does, the first grantee loses the property.
A quit claim deed can be used to transfer property or titles. Deeds can be used to transfer property or titles from a grantor (or seller) to a grantee (or buyer). Warranty and limited warranty deeds are usually the most reliable because they offer a covenant proving that the land is indeed owned by the grantor.

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