Q:

What are deed of conveyance forms?

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Quick Answer

A deed of conveyance form is a legal written document that transfers an asset, usually a piece of real estate, from one owner to another. The document conveys the rights of the seller to the rights of the owner to own the asset.

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Full Answer

When a buyer and a seller agree on a property transfer, a deed of conveyance is used to transfer the asset legally. The deed contains a legal description of the asset (in the case of real estate, the deed describes the boundaries of the property), all of the rights that come with the property, the amount of consideration (the purchase price), and all other terms and conditions. The deed is signed by the seller acknowledging transfer, and is usually witnessed by a clerk of the county the property is located in, or in some states a Notary Public signs the deed. The document is then filed at the office that records deeds.

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    What forms are needed to transfer a deed?

    A:

    Some of the forms needed to transfer a deed include a grant deed, a general warranty deed and a quitclaim deed, according to US Legal Forms. The type of real estate transaction determines the form that the parties use.

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    What is a gift deed for real estate?

    A:

    In real estate, a 'gift deed' is a notarized document that transfers ownership of property to another person. Gift deeds are only used when there is no payment or compensation for the property that is being transferred.

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    What is a quit claim deed form?

    A:

    A quit claim deed or deed form allows for the transfer of property from one individual to another without any guarantee as to the transferring person's interest, according to Nolo. It transfers whatever interest a person has in the property, regardless of whether such interest actually exists.

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  • Q:

    How does one remove a name from a deed?

    A:

    Removing a name from a deed requires filing a quitclaim form with the local county clerk’s office. The quitclaim form is the only legal means to remove a name from a deed. A deed of conveyance form is required for adding or changing names to the deed.

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