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What does transfer mean in law?

Transfer is an act by virtue of which title of a property is voluntarily conveyed from one person to another. It is a way of disposing of a property or an asset in the form of sale, money transfer, lease, license, lien, gift, etc. Transfer may or may not involve a legal process.

Can I transfer a deed without an attorney?

A deed, of course, is a legal document representing property ownership. But you might be wondering if an owner can transfer a deed to another person without a real estate lawyer. The answer is yes. Parties to a transaction are always free to prepare their own deeds.

What is the meaning of transfer deed?

plural deeds of transfer (also transfer deed) LAW, PROPERTY, STOCK MARKET. a legal document that shows that the owner of property or shares has changed: Clive picked up the keys and the deed of transfer from a solicitor, and headed for the boatyard where our new acquisition lay.

How much does it cost to transfer a deed in Arkansas?

Transfer tax. Arkansas charges a real property transfer tax for real estate transfers involving more than $100.00 in payment. The total transfer tax rate is $3.30 per $1,000.00 of considerationtwo-thirds of which is expressly the new owners responsibility.

Can I transfer a deed without an attorney?

A deed, of course, is a legal document representing property ownership. But you might be wondering if an owner can transfer a deed to another person without a real estate lawyer. The answer is yes. Parties to a transaction are always free to prepare their own deeds.

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