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Quitclaim Deed from Four Individual Grantors to Four Individual Grantees - Oklahoma

Quitclaim Deed from Four Individual Grantors to Four Individual Grantees - Oklahoma 2025

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The document is a Quitclaim Deed form for the state of Oklahoma, detailing the transfer of property rights from four individuals (grantors) to four other individuals (grantees). It includes instructions for completing the form, notes on the waiver of homestead exemption, information about documentary stamp tax, and disclaimers regarding legal advice. The deed requires signatures from all parties involved and notarization to be valid.

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Are grantor and owner the same?

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.

Who is the guarantor on a quit claim deed?

A quitclaim deed is a simple yet effective legal document that conveys property ownership from one person (the grantor) to another (the grantee) without any warranties or guarantees. It essentially allows you to quit your claim, or interest, on a property.

What does grantor mean on a deed?

The grant deed is used when a person who is on the current deed transfers ownership or adds a new owner. The grantor (donor or seller) promises that all rights to the property are being transferredthere are no hidden owners or easements.

What is required on a quitclaim deed in Oklahoma?

A lawful quitclaim deed includes the grantors full name, mailing address, and marital status; the consideration paid for the transfer; and the grantees full name, mailing address, marital status, and vesting. Vesting describes how the grantee holds title to the property.

How many people can be on a quitclaim deed?

You can put however many people you want. But quitclaiming part of your interest may not be the best idea.

What does grantor mean on a quit claim deed?

In real estate, the grantor is the person who transfers property ownership, while the grantee is the one who receives it. The definition of grantor and grantee is important because these roles appear in legal documents like deeds, which outline each partys rights and responsibilities.

Quitclaim Deed from Four Individual Grantors to Four Individual Grantees - Oklahoma 2025

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