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In the realm of real estate transactions, the North Carolina Quitclaim Deed form serves as a vital tool for property owners wishing to transfer their interest in a property without making any warranties about the title's quality. This straightforward document allows individuals to convey their ownership rights to another party, whether it be a family member, friend, or business associate. Unlike other types of deeds, a quitclaim deed does not guarantee that the grantor holds a valid title; instead, it simply transfers whatever interest the grantor may have. This makes it particularly useful in situations such as divorce settlements, inheritance transfers, or when clarifying ownership among co-owners. Understanding the nuances of this form is essential, as it can affect the rights of the parties involved and the future of the property in question. The process of completing and filing a quitclaim deed in North Carolina involves specific requirements, including the need for proper identification of both the grantor and grantee, as well as the description of the property being transferred. By familiarizing oneself with the quitclaim deed, individuals can navigate property transfers more effectively and ensure that their intentions are clearly documented.
Sample - North Carolina Quitclaim Deed Form
North Carolina Quitclaim Deed
This Quitclaim Deed, effective as of ________ [Date], is executed under the laws of the State of North Carolina and serves to transfer any interest the grantor has in the property described below to the grantee, without any warranties of title.
KNOW ALL PERSONS BY THESE PRESENTS:
That I, ________ [Grantor's Full Name], residing at ________ [Grantor's Address], County of ________ [Grantor's County], State of North Carolina, in consideration of ________ [Amount in Dollars] and other valuable considerations, do hereby quitclaim to ________ [Grantee's Full Name], residing at ________ [Grantee's Address], County of ________ [Grantee's County], State of North Carolina, all right, title, interest, and claim in the real property described as follows:
Legal Description of Property: ________ [Insert Full Legal Description]
The property is situated in the County of ________ [Property's County], State of North Carolina, and is commonly known as ________ [Property's Street Address].
This deed is executed and delivered with the understanding that it conveys only the interest held by the grantor and makes no warranties or representations as to the title of the property.
To have and to hold the same unto the said grantee, their heirs, successors, and assigns forever.
IN WITNESS WHEREOF, the grantor has signed and sealed this deed on the date first above written.
Grantor's Signature: ___________________________
Grantor's Printed Name: ________ [Grantor's Full Name]
State of North Carolina
County of ________ [County of Notarization]
This document was acknowledged before me on ________ [Date] by ________ [Grantor's Full Name], known to me (or satisfactorily proven) to be the person whose name is subscribed to the within instrument.
Witness my hand and official seal.
Signature of Notarial Officer: ___________________________
Title of Office: ________ [Title]
(Seal)
This Quitclaim Deed is in compliance with the North Carolina General Statutes relevant to the conveyance of real estate.
File Specs
| Fact Name | Description |
|---|---|
| Definition | A Quitclaim Deed is a legal document used to transfer ownership of real estate from one party to another without any warranties or guarantees. |
| Governing Law | The Quitclaim Deed in North Carolina is governed by the North Carolina General Statutes, specifically Chapter 47. |
| Use Cases | This type of deed is often used in situations such as transferring property between family members or clearing up title issues. |
| Requirements | To be valid, a Quitclaim Deed must be signed by the grantor and notarized. It should also include a legal description of the property. |
| Filing | After execution, the deed must be filed with the county Register of Deeds in the county where the property is located. |
Some Other North Carolina Templates
Property Transfer Form - A detailed review of the deed before signing can alert parties to any discrepancies or issues that need clarification.
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