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How does a quit claim deed work in Arkansas?

An Arkansas quitclaim deed is a form that is used to transfer property from a seller to a purchaser without any warranty on the title. This type of deed only transfers the interest that the seller owns which may be no interest at all or clear title to the property.

How long is a quitclaim deed good for in Arkansas?

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.

How much does a warranty deed cost in Arkansas?

In most cases, an Arkansas Warranty Deed costs $185 to prepare, and $15 for the first page and $5 for each additional page in recording costs. For a typical warranty deed, the total cost is $205 (a $185 lawyer fee and $20 in recording fees). Your deed will be prepared and recorded by a licensed Arkansas attorney.

What is a warranty deed?

by Practical Law Real Estate. A deed transferring title and legal interest in real property from the grantor to the grantee with full covenants and warranties.

How do I transfer land to a family member in Arkansas?

In Arkansas, every legal transfer of real property requires a Real Property Transfer Tax Affidavit form. This form should be completed by the grantee and filed with the instrument (A.C.A. 26-60-107). When real property is conveyed as a gift, no transfer tax is due.

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How much does it cost to transfer a property?

Transfer of equity usually costs anywhere between 100-500 plus VAT. The reason that this price range is so wide is that there are a lot of factors to consider. The propertys value, whether you need to remortgage, solicitor fees charges for additional checks all these things make a difference.

What is a warranty deed in Alabama?

The Alabama warranty deed is a form of deed that provides an unlimited warranty of title. It makes an absolute guarantee that the current owner has good title to the property. The warranty is not limited to the time that the current owner owned the property.

How do you transfer deeds of a house?

All parties just need to sign the transfer deed (TR1 form) and file it with the land registry. This needs to be accompanied by the land registrys AP1 form, and if the value of the transaction amounts to more than 40,000, then a stamp duty land tax certificate may also be required.

How do I transfer a property deed in Arkansas?

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.

Does a quitclaim deed have to be docHubd in Arkansas?

This deed must be signed, docHubd, and recorded in the county where the property is located. Some counties have more than one recording office, so you need to be sure this deed is being recorded in the correct recording office. Must list the name and address of the person who prepared this deed.

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How much does it cost to transfer a property?

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How does a quit claim deed work in Arkansas?

How long is a quitclaim deed good for in Arkansas?

How much does a warranty deed cost in Arkansas?

What is a warranty deed?

How do I transfer land to a family member in Arkansas?

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