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In most transactions, the parties involved tend to record a deed when executing, signing, and delivering it. However, there may be some exceptions. For instance, a situation in which a property owner decides to deed his property to a trust in Florida.
A quitclaim deed in Florida is a legal document that transfers whatever title a grantor has in real property to someone else. The person receiving the property is called a grantee. The quality of title the grantee receives depends upon the title in the hands of the grantor.
A quitclaim deed to LLC is actually a very simple process. You will need a deed form and a copy of the existing deed to make sure you identify titles properly and get the legal description of the property.
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.
In fact, taxes may be due on a quit claim deed even when the property is transferred between spouses. With such transfers, if the property is mortgaged, then tax is generally due on half of the outstanding balance.
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People also ask

With a warranty deed, the person transferring title of a property (the seller) is guaranteeing that they have a defensible ownership interest in the property and can therefore transfer their ownership interest to the other party (the buyer).
You can use a quitclaim deed in Florida even if the property is encumbered by a mortgage. The quitclaim deed does alter or transfer the mortgage and does not change personal liability to pay the mortgage note.
A quitclaim deed is quick and easy because it transfers all of one persons interest in the property to another. However, a quitclaim doesnt make any guarantees about what that interest might be. The deed transfers all claims the seller has to the property, if any.
Terms in this set (4) In which of the following situations could a quitclaim deed NOT be used? c. The answer is to warrant that a title is valid.
Florida Quitclaim Deeds Should be Properly Filed To ensure the transfer of a quitclaim deed, the original document should be recorded with the county recorder for the county where the relevant property is located. Until the deed is recorded, it is not valid against third-party interests.

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