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The seller in this case is merely transferring whatever interest he or she has in the property.
Georgia quit claim deed requirements. Filing one is a relatively simple process of downloading filling out and filing a short form. A georgia quit claim deed form is commonly used to quickly transfer property without hiring a lawyer. The grantor gives up rights to the property and.
Benefits of using a quit claim deed for georgia include transferring property between family members taking a former spouses name off of the title during divorce proceedings assigning property to a trust and clearing any kind of residual interest in a property. A quit claim deed or quitclaim transfers the ownership or rights of property from a grantor current owner to a grantee new ownerthis type of deed makes no guarantees if there are any other owners other than the grantor. Georgia quit claim deed.
It is fair to note this type of deed transfers ownership with no guarantee. A quitclaim deed quitclaim non warranty deed or a quitclaim deed form refers to the document which quits an individuals interests rights or claim on the real property. A quitclaim deed is generally used to convey or transfer property between divorcing spouses family members and other people who have a close relationship.
The state of georgia allows you to transfer ownership of a property through a quit claim deed. With a completed quit claim the sellers ownership interest is transferred to the buyer. In fact according to ocga 44 5 33 the deed must merely contain sufficient information to clearly represent the grantors intention.
Therefore this type of deed less secure when compared to a general warranty deed or speciallimited warranty deed that guarantees the grantor is the. Quitclaim deeds in georgia are not specifically defined by statute. Despite the passage of time many documents important to lenders and servicers in georgia are not being executed in accordance with the new requirement passed by the georgia legislature in 2015.
The title of the property. As such a heading of quitclaim deed alerts the recorder or title reviewer to. This document is common with families or persons who trust each other although it could be used to recognize the conveyance of real property to other entities.
It relieves the grantor or conveyor of the deed of the liability associated with the property in most states. The georgia quit claim deed is a document used to convey property from a seller to a buyer. Georgia quitclaim deed form content.
The property is free of debt there are no other parties who can claim an interest in the property and. A georgia quit claim deed also called a non warranty deed serves the purpose of transferring interest from one party to another without confirming.
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