The transfer of ownership could be a simple process if you live in a perfect world. One of the most common uses of this instrument is during a divorce. So now you have an important reason to change the name in the title from your personal names to the name of your living trust. Your attorney suggests that the title of your condo should be in the name of the living trust. You both decide that a living trust should be created to provide for the children in the event of your demise. A few years go by, and now there is a couple of children added to the mix. Let’s say that you and you’re significant other decide to buy a condo in Phoenix Arizona. Well, now that we know how an ARIZONA QUITCLAIM DEED is used, let’s explore some possible reasons why we would want to use it. Yes, you can find out a lot of information about your neighbor’s property. Recorded documents are available to the public, and most modern county recorders make access to this information via the Internet. In addition, there may be specific requirements set down by each county recorders office. Each county has its recording office where you must place all documents to be recorded. While most quitclaim deeds are the same, each state and their counties have their own laws and procedures.Īfter executing the quitclaim deed, you should record the document in the county where the property is located. This instrument can only be used in the state of Arizona. I think of “givor”(I spell it wrong on purpose) being the) (oth “or”) person giving or selling to “me” which rhymes with “grantee.” DownloadĪrizona quitclaim deed means exactly what it implies. I use a little trick to remember which is which. These two words are “grantor” and “grantee.” The “grantor” is the one giving his/her ownership in the property to the “grantee.” The “grantee” is the one receiving the ownership. Within the middle part of the form, there may appear two legal words that sometimes confuse people. The bottom part of the form is used by the notary to acknowledge that he/she witnessed the signing of the instrument. The middle of the form contains the legal jargon including the description of the property, name of parties involved and dates. Usually at the top of the forms are two sections, one side for the recorder’s use and the other for the return address. Most quitclaim deeds are divided up into three parts. However, the quitclaim process should only be used if the name has been legally changed. A common usage requiring a name change of the title would be because of a divorce or marriage. A valid reason for a name change could be that your name was misspelled, or a middle initial was wrong. A quitclaim deed may also be used to add, delete or change a name on the title. A definition of a “legal entity” may be a corporation, partnership, an association or trust, just to name a few. Our ARIZONA QUITCLAIM DEED may be used legally to transfer Arizona real property rights to another person or legal entity.
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