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Hawaii Quitclaim Deed Laws The Grantor must sign the Hawaii quitclaim deed in the presence of a Notary Public ( 502-41). Once the quitclaim deed is signed and docHubd, it must be filed with the Bureau of Conveyance along with the proper filing fees.
Quitclaim deeds lack certain protections and promises found in other types of deed to real property. Because of this, they should only be used under certain circumstances. These include transferring real estate between close family members, for instance, from a parent to a child.
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.
You can find out if transfer taxes will be due in the Do-It-Yourself Quitclaim Deed (after Divorce) tool. If you are the person keeping the property, take the deed to the Register of Deeds and record it after your ex-spouse has signed it and delivered it to you. There will be a $30 recording fee.
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.
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Quitclaim deeds transfer only the part of the property the grantor actually owns, so if the grantor owns one-fourth of the property, thats all he can transfer to the grantee. If youre the grantee, be mindful that quitclaim deeds can be risky if you dont know or trust the grantor or know the propertys history.
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 Hawaii quitclaim deed is a deed that transfers property with no guaranteeor warranty of title. The new owner receives the entire interest the current owner can lawfully transfer. The current owner does not promise a good, clear title or that the deed will transfer actual ownership of the property.
An interspousal transfer deed, more technically called an interspousal transfer grant deed, is a legal document used to give sole ownership of shared property, such as a house, to one person in a marriage. They are commonly employed in divorce cases to transfer community property to one spouse.
The quitclaim deed would transfer title from the community or joint property to separate property. A quitclaim deed is legally binding. The transferring spouse eliminates his rights to the property after signing it.

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