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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.
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.
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.
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.
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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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.
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.
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.
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.
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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