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Definition of quitclaim 1. the release or relinquishment of a claim, action, right, or title. 2. a deed or other legal paper in which a person relinquishes to another a claim or title to some property or right without guaranteeing or warranting such title.
The fee charged by a local County Recorder of Deeds office to record a Beneficiary Deed averages between $24 and $30. The Grantor should contact the local County Recorder of Deeds office to inquire as to the current fee charged. Upon recording the deed the Recorder of Deeds office will mail the original to the Grantor.
Adding someone to your house deed requires the filing of a legal form known as a quitclaim deed. When executed and docHubd, the quitclaim deed legally overrides the current deed to your home. By filing the quitclaim deed, you can add someone to the title of your home, in effect transferring a share of ownership.
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.
Once the quitclaim deed has been completed, signed, and docHubd, it must be filed with the Missouri County Clerk in the county where the property is located.
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Under Missouri law, a quitclaim deed must be in writing, contain the legal description of the property, and meet specific signing and acknowledgment requirements. You will need to record the deed and pay a recording fee.
Signing (V.A.M.S. 442.130) All quit claim deeds are to be signed with the Grantor(s) in the presence of a Notary Public.
Sign and docHub the New Deed. The new deed is not valid unless it is signed by the grantor and docHubd as required by Missouri law.
The alternative spellings quit claim deed and quit-claim deed are generally acceptablethough used less frequently. Oklahoma legal professionals also use the word quitclaim as a verb indicating that an owner is transferring an interest without warranty. Release deed can be a synonym for quitclaim deed in some contexts.
How to Transfer Missouri Real Estate Locate the Prior Deed to the Property. The prior deed includes important information that is needed to prepare the new deed. Get a New Deed to the Property. Sign and docHub the New Deed. Record the New Deed in the Land Records.

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