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There are three main types of deeds for transferring Arkansas real estate during the owners life. The three Arkansas deed formsquitclaim deeds, special warranty deeds, and warranty deedsdiffer in the warranty of title (if any) the new owner receives.
How to Write File a Quitclaim Deed in Arkansas Step 1 Get the Arkansas Quitclaim Form. Step 2 Enter Name and Address. Step 3 Fill in Propertys County. Step 4 Write Dollar Amount. Step 5 Enter Grantors Full Name. Step 6 Enter Grantees Full Name. Step 7 Write Legal Description. Step 8 Get the Deed docHubd.
An Arkansas quitclaim deed is one of three deed forms Arkansas recognizes for transferring real estate during the owners life. The distinguishing feature of quitclaim deeds is that they transfer the current owners interest with no warranty or covenants of title.
What are the Three Most Common Types of Deeds? General Warranty Deed. Special Warranty Deed. Quitclaim Deed.
A Warranty Deed is the strongest deed and warrants to the Grantee: That the Grantor has not previously conveyed the estate or any interest therein to anyone except the Grantee; and. The estate is free from encumbrances.
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When transferring property, a seller (often called the grantor), writes out a deed, transferring property to the buyer (often called the grantee). The deed is then recorded with the recorder in the county in which the property is located.
In most states, there is a period of two years following the deeds filing date during which the quitclaim deed can be contested. If either the grantor or grantee wants to challenge the validity of the quitclaim deed, the challenge must be made during this time period.
There is some disparity between different conveyancing solicitor firms, however, with fees typically ranging from 250 to 750 plus VAT.
The Real Property Transfer Tax is levied on each deed, instrument, or writing by which any lands, tenements, or other realty sold shall be granted, assigned, transferred, or otherwise conveyed. The tax rate is $3.30 per $1,000 of actual consideration on transactions that exceed $100.
15 Types of Legal Deeds in India.

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