Quit claim deed form ohio

Ohio Quitclaim Deed

quit claim deed form ohio

Quitclaim deed. DIY Transferring property.

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Because of this lack of warranty, quitclaim deeds are most often used to transfer property between family members, as gifts, placing personal property into a business entity and vice versa or in other special or unique circumstances. An example use for a quitclaim deed is in divorce, whereby one spouse terminates any interest in the jointly owned marital home, thereby granting the receiving spouse full rights to the property. The ease at which the quitclaim deed can be executed it requires little more than both parties signing the document and having it notarized where required, and filed with the appropriate governmental agency with the proper fees paid is partly to blame for the "quick claim" misnomer associated with the deed. Please also see the Franklin County Deeds tab of this guide for information about the County Auditor and Recorder's Offices and their role in transfer and recording of real estate. How to fill out the deed forms from the Franklin County Law Library:. These are the grantors. These are grantees.

Would you like to transfer real property in Ohio? While the state recognizes various types of real estate deeds for transfers of property from one person to another, today we look at one particular deed, the quitclaim deed or the non-warranty deed. The use of this deed is limited to specific circumstances, often between close and trusting individuals or corporates. Also called a quitclaim and mistakenly referred to as a quick claim deed, this deed refers to a legally binding instrument that facilitates the conveyance of rights in real property from one person to another. As mentioned above, this deed is also called a non-warranty deed.

In Ohio, title to real property can be transferred from one party to another by executing a quitclaim deed. Quitclaim deeds are statutory in Ohio under Ohio Rev. Code Section This type of deed "simply conveys whatever interest exists when the deed is executed transferred and delivered," and does not guarantee that the grantor has "good title or ownership. Generally reserved for divorces, clearing titles, and transfers of property between family members, quitclaim deeds do not offer the same assurances as general warranty deeds, which convey real property with the most guarantees of title, or limited warranty deeds, which only contain a promise to defend the title against claims that arose during the time the grantor held title to the property.

All rights reserved. Your use of this site is subject to Terms of Service. Fill Now. Ohio Quitclaim Deed from Individual to Corporation This quitclaim deed from an individual to a corporation form is a quitclaim deed where the grantor is an individual and the grantee is a corporation. Ohio Quitclaim Deed from Individual to Individual This quitclaim deed from individual to individual form is a quitclaim deed where the grantor is an individual and the grantee is an individual.



Ohio Quit Claim Deed

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