Are Quitclaim deeds valid in Arizona?

Arizona quitclaim deed means exactly what it implies. This instrument can only be used in the state of Arizona. While most quitclaim deeds are the same, each state and their counties have their own laws and procedures.

What is a quitclaim deed in Arizona?

An Arizona quitclaim deed is a form used to transfer property from one person to another without any warranties as to whether the title is clear. Recording (§ 11-468) – All quitclaim deeds are to be filed, along with any necessary fee(s), with the County Recorder’s Office in the jurisdiction of the property.

Is there a difference between a quick claim deed and a Quit Claim Deed?

“Quitclaim deeds,” “quit claim deeds” and “quick claim deeds” are exactly the same thing. Their proper name is “quitclaim deed,” but the confusion about the name is understandable, since, in essence, a person using a quitclaim deed is “quitting his claim” on a property very quickly!

How to generate a quitclaim deed in Arizona?

There are many options for generating a quitclaim deed, but you should proceed with caution before executing the transfer. You should consult with an experienced real estate attorney before moving forward so that you understand all legal implications of the transfer.

Can a person be liable for a quitclaim deed?

Because a quitclaim only operates to convey a legal interest in the property, a quitclaim given out by a person who does not actually own the property named in the deed will not be liable for any damages at law. There are no breached covenants because no covenants were created.

How are quitclaim deeds differ from General and special warranty deeds?

How Quitclaim Deeds Differ from General and Special Warranty Deeds In sharp contrast to these warranty deeds, a quitclaim deed contains no warranties of title at all. The quitclaim deed only operates to convey to the seller’s interest in the property to the buyer.

Where to file a quitclaim deed in Phoenix AZ?

Maricopa County Recorder’s Office has two full service offices to record your quitclaim deed. The main office is located in downtown Phoenix.

Can a quitclaim deed be used to transfer property?

A person who signs a quitclaim deed to “transfer” property he does not own results in no title at all being transferred since there is no actual ownership interest. The quitclaim deed only transfers the type of title you own.

Are quitclaim deeds valid in Arizona?

How does a quit claim deed work in Arizona?

An Arizona quit claim deed is used to transfer property from one person (grantor) to another (grantee) without any warranty as to whether the title is clear. In other words, the person transferring the property is not making any warranties against other claims to the property from others.

What is a quit claim deed AZ?

Arizona Quit Claim Deeds- Any County! A quit claim deed (also known as quitclaim or “quick claim”) is used to transfer ownership or add someone to the title / deed of an Arizona home.

How do I transfer property to a family member in Arizona?

How to Transfer Arizona Real Estate

Locate the Prior Deed to the Property.
Get a New Deed to the Property.
Sign and Notarize the New Deed.
Record the New Deed in the Land Records.

How do you add someone to a deed in Arizona?

To complete a quitclaim deed to add spouse to house title, you’ll need to:

Enter your name in the “prepared by” space.
List yourself as the grantor, as you’re the party giving up your interest.
Name yourself and your wife as the grantees.

How does a Quit Claim Deed in Arizona work?

Once the Arizona quit claim deed form is recorded at the county clerk’s office, the GRANTOR will have “quit” any interest he or she has in the property and the property is then transferred over to the GRANTEE. An Arizona quit claim deed form is commonly used to quickly transfer property without hiring a lawyer.

When to use an Arizona warranty deed form?

Use a warranty deed form in Arizona to transfer ownership of property between a buyer and seller – especially if you need a guarantee. Arizona warranty deeds guarantee that the seller owns title to the property and it’s clear of all claims that might arise later. An Arizona quit claim deed form is also used during the transfer of property.

What happens when a property owner signs a quitclaim deed?

When the property owner or “grantor” signs a quitclaim, all he is doing is transferring whatever interest he has in the property to the new owner or “grantee.”. The quitclaim deed does not guarantee a clear title or that the grantor has the power to convey any ownership.

Where can I get a Quit Claim Deed form?

When do you need to get a quitclaim deed?

A quit claim deed is usually filed when someone is giving up their interest in a property. It is commonly used in divorce, when one spouse gives up his right, title and interest to the property to the other spouse. Procure your state’s quitclaim deed form.

How do you write a Quit Claim Deed?

Write the Deed. Fill out the quit claim deed form, which can be obtained online, or write your own using the form as a guide. The person giving up the interest in the property is the grantor, and the person receiving the interest is the grantee.

Are there problems with Quit Claim Deed?

No Guarantees. The overwhelming problem with quitclaim deeds is the lack of guarantees for creating or delivering good title.
they have limited uses in real estate transfers or with mortgage lenders.
Remove Borrowers From Mortgage Loans.

Does a lawyer need to prepare a Quit Claim Deed?

No you do not need a lawyer to prepare a quit claim deed. However the tequirements of a deed are strict so just make sure you get it right and also pay doc stamps so you don’t get penalized.