Quitclaim Deed from an Individual to Three Individuals - Colorado 2025

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  1. Click ‘Get Form’ to open it in the editor.
  2. Begin by entering the date of the deed at the top of the form. This is crucial for legal documentation.
  3. Fill in the Grantor's name and legal address. Ensure accuracy as this identifies who is transferring the property.
  4. Next, list all Grantees' names and their respective legal addresses. You will need to specify how they will hold the property—either as Tenants in Common or Joint Tenants with Right of Survivorship.
  5. In the designated section, indicate your choice regarding how Grantees will hold the property. This is important for future inheritance considerations.
  6. Complete the legal description of the property being transferred, including any known street address.
  7. Finally, have the Grantor sign and date the document in front of a Notary Public, who will also complete their section.

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However, this approach has certain risks, so its not always the best option. Using a quitclaim deed might create tax issues or result in a loss of control of the property after the transfer. Additionally, the property could still require probate if you dont handle the transfer correctly.
The average cost (i.e., legal fees) for a lawyer to prepare and file a quitclaim deed is $500.00. This cost point come from recent quitclaim projects on the ContractsCounsel platform across all US states. Note, this does not include any fees to file at the county clerks office, which can range from $10 to $100.
Quitclaim deeds can be used in a number of different situations, though they are most common when transferring property between family members or spouses. For example, after a divorce one spouse may sign a quitclaim deed to officially sign over ownership of the home.
Failing to Verify the Titles Condition. One of the biggest mistakes people make when using a quitclaim deed is assuming that the propertys title is free and clear. A quitclaim deed transfers ownership, but it does not guarantee that the property is free from encumbrances such as liens, judgments, or unpaid taxes.
The quitclaim deed simply transfers any interest they may have to the other party. Because of the lack of title guarantees, quitclaim deeds are most often used to transfer property between two parties who know and trust each other, such as family members.
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Content Requirements When submitting a quitclaim deed form, it must contain the following information: Grantor and grantee names and addresses. The legal description of the property. Identifying info for legal description preparer.

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