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Sample Quitclaim Quit Claim Form Free Template Missouri Florida Pinellas County Il Johnson Deed Pdf Blank Texas Staples

Sample Quitclaim Quit Claim Form Free Template Missouri Florida Pinellas County Il Johnson

A deed in lieu of foreclosure is used for circumstances where the grantor is on the brink of losing his or her property in bankruptcy and chooses to deed the property to a grantee instead of having it foreclosed upon.

A grant deed provides two guarantees. One is that the seller (grantor) states that the property has not been sold to anyone else. The other is that the grantor warrants (promises) that the property title has no encumbrances other than those already revealed to the buyer (grantee). Typical information in the grant deed includes a granting clause, which transfers the title from the grantor to the grantee, the names of the grantor and the grantee, and details of the property being transferred.

A release deed or a deed of reconveyance is held by a trustee under a deed of trust loan and when the loan is repaid, it releases (or conveys) the deed back to the grantor.

You do not need to hire a lawyer to help you through the steps of conveying real property. All the tiny details can confound you if you try to do it on your own without the proper form. Sometimes there are nuances such as joint tenants with rights or tenants in common. These might sound like the same thing but they are not. Then there are variations such as rights of survivorship.

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