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In essence, through a quitclaim deed, the grantor only transfers whatever interest he owns in the property. This means that if the grantor happens to have no interest in the property he is transferring, then the deed transfers just that nothing.
What are the disadvantages of a quit claim deed?
Oklahoma establishes recording fees for official documents, including quitclaim deeds: $18.00 for the first page. $2.00 for each additional page. For documents not conforming to requirements, $25.00 for the first page and $10.00 for each additional page.
What is the purpose of a quit claim deed in Oklahoma?
Essentially, a quitclaim deed releases the grantor (the person transferring the property interest) from any future claims of ownership over the property. It does not promise that the grantor has valid ownership; it only promises that they will relinquish any claim they might have.
can i add someone to the deed of my house
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Estate Planning A Simplified Guide for Oklahoma Farm
A quitclaim deed indicates that the seller is conveying whatever rights he possesses in the property to the buyer but does not promise that the seller owns
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