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What is a quit claim deed in Missouri?

What is a Missouri Quit Claim Deed? A Missouri quit claim deed form (sometimes called a quick claim deed or quit claim deed) transfers Missouri real estate from the current owner (grantor) to the new owner (grantee) with no warranty of title.

How does a beneficiary deed work in Missouri?

The Missouri beneficiary deed form allows property to be automatically transferred to a new owner when the current owner dies, without the need to go through probate. It also gives the current owner retained control over the property, including the right to change his or her mind about the transfer.

What is a trustees deed in Missouri?

Trustee Deeds A trustee deed in Missouri is very similar, except in this case the seller is not an estate but a trust and the trustee named in the trust document has the power to sell and is the party that executes the document as the seller.

What is a special warranty deed in Missouri?

A special warranty deed provides the grantee with limited covenants and warranties from the grantor, including a: warranty of the grantors clear fee title subject only to noted encumbrances; and covenant to defend against title claims arising from the grantors ownership interest.

Is Missouri a mortgage or trust deed state?

A deed of trust is the most common method of securing a lien on real estate in Missouri. Mortgages are rarely used.

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