If you want to change the ownership of the property, you must do it with the help of quit claim deed. This is an instrument that enables you to transfer the right of a property to either a family member or want to place the property in the trust. Either you are giving your rights of the property to your ex-spouse or want to gift it to another person belonging to your family this deed is the one to do the job legally. Also, if your name in the deed that made earlier has the spelling of your name wrong you can use quit claim deed to make the correction. The other use of this deed is that you can change the name of the tenancy between old and new tenant using this deed. If you are a business owner and you want to buy or sell property in real estate.
Using the quit claim deed is a great way to get the job done easily and without any fuss. This makes the process of transferring the ownership of the property legal and thus saves you any further stress of any kind.
The deed must contain the name of the present owner, the contact details of the present owner, the name and contact details of the new owner as well as the signature of both the parties with date.
The details of the property should be mentioned in detail so that the location of the property becomes clear and free of fuss.
Quit-Claim Deed-Lease Options, 10.0 out of 10 based on 3 ratings