From single ownership to co-ownership with anotherįlorida Quitclaim Deeds Should be Properly Filed.From community property to a joint tenancy.Some of the most common ways to use a quitclaim deed include transferring property or an interest in the property: This is why this transfer method is typically used for individuals who know and trust each other and not between strangers.
If it came to light you did not have full or proper title to the land, the grantee would not get the property.
This means there is a greater amount of risk for the grantee in accepting a quitclaim deed. When you use a quitclaim deed to transfer real estate, you are not making any promises or guarantees about the title. However, it is best to have the document drafted or reviewed by an experienced attorney who can ensure there are no defects. Due to its simplicity, many people think they can do it themselves. It is common for a quitclaim deed to be a single page document.
2 Witnesses, for each signature (For all Florida Deeds) the names of witnesses printed under witnesses’ signatures. Names printed under Grantors’ signatures. Grantee(s) (Buyer-Party Receiving Title) names legibly printed in the body of the Deed. Grantor(s) (Sellers-Party Giving Title) names legibly printed in the body of the Deed. “Prepared by” statement (name and address of the “natural” person preparing the Deed). It must be in writing and it must contain certain elements, as outlined in Florida Statute Section 695.26: What is a Quitclaim Deed?Ī quitclaim deed is a legal document used to convey an interest in real property. If you are interested in giving real estate to a spouse, a new or current co-owner, or to a trust, contact an attorney for assistance throughout the process. To transfer your property quickly and efficiently, you may use a quitclaim deed in Florida. As the property owner, you have the right to give it away or exchange it for other property. Property can be transferred in a number of ways – not just through being bought and sold. Home > Blog > Real Estate (Commercial And Residential) > Understanding a Florida Quitclaim Deed Understanding a Florida Quitclaim Deed
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