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Where is the property located?

Yes
No



What is the type of tenancy?


Note: Not all tenancy types are available in all states.



What is the type of warranty?

General
Quitclaim

A General Warranty deed provides the most comprehensive warranty as the Grantor will defend the title against all claims that are brought to challenge the title. The Grantor guarantees that it owns clear title free of all liens. Typically used with real estate transactions especially if there will be a mortgage.

Grantor Information




(e.g. Street, City, State, Zip Code)





Add another grantor

Grantee Information




(e.g. Street, City, State, Zip Code)





Add another grantee

Are the grantees married to each other?

Yes
No


What amount of cash is being given in exchange for the property transfer?

$


Is this the approximate market value of the property?

Yes
No





Is the transfer of property exempt from tax or fee?

Yes
No


What are the details of the property?


(e.g. Lot A, Block 3, City, State)




Is the property a homestead?

Yes
No

A homestead is the principal residence of the grantor.

In which city is the property located?


$


Are there any wells on the property?

Yes
No

Yes
No


What are the details of the prior grant?






These details can be found at the county recorder's office.

Is there a reference number?

Yes
No



Is the property exempt from smoke detector compliance?

Yes
No


Are there any exceptions to the property?

Yes
No

e.g. a caveat dated June 4, 2004 in favor of Jack Smith.
e.g. a restricted use covenant limiting the property's use to agricultural purposes.
e.g. an easement for transportation purposes granted to Bill Jones.


Who is the taxpayer?


(e.g. Street, City, State, Zip Code)




How will the taxes be paid?

Prorated
Grantee
Grantor


Does the transaction fall under the Illinois Real Property Transfer Tax Exemptions?

Yes
No



Who prepared the deed?


(e.g. Street, City, State, Zip Code)




Who requested the recording of the deed?


(e.g. Street, City, State, Zip Code)




Where should the deed be sent to after recording?


(e.g. Street, City, State, Zip Code)




Where should the tax statement be sent to after recording?


(e.g. Street, City, State, Zip Code)




Where will this deed will be notarized for the grantor?

Pennsylvania


Do you want to vary the margins?

Yes
No

3"

1"

1"


Unsure




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What is a Quitclaim Deed?

A Quitclaim Deed is a real estate document that is often used to transfer real property between people who know each other, like family members, for purposes such as:

  • Adding a spouse's name to a property title after marriage or removing their name from the title after a divorce
  • Transferring property to a family member, such as a child, grandchild, or sibling
  • Transferring property interest from one business partner to another
  • Leaving property to someone in a Last Will and Testament upon death
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Person wanting details

Who are the Parties in a Quitclaim Deed?

The parties in a Quitclaim Deed are:

  • The grantor (person transferring the property title)
  • The grantee (person receiving the title)

There are situations where a person can be both the grantor and the grantee on the Quitclaim Deed, like if the property owner wants to add a family member to the title.

For instance, let's say that a property owner was recently married. If that property owner wants to give half of the property interest to their new husband or wife, then the property owner would be listed as the grantor, and the property owner and his or her new spouse would be listed as the grantees.

When Should I use a Quitclaim Deed?

A Quitclaim Deed is generally used when a property owner wants to transfer ownership of their property to someone they know, such as a relative or spouse.

Here are some factors to consider before using a Quitclaim Deed:

  • With a Quitclaim Deed, there is no warranty to the title of the property, which means that there is no guarantee for the grantee that the grantor owns clear and complete interest in the title and that the property is free from liens. If not having a warranty is a concern, consider using a Warranty Deed instead.
  • A properly executed Quitclaim Deed removes a person's name from the property title, but does not remove that person's name from the mortgage, which means that you may still be required to continue paying any debts you acquired while you were the owner of the property.
Legal, financial, and real estate interests
Person doing online research

How Do I Write a Quitclaim Deed?

A Quitclaim Deed should include some basic information, such as:

  • Information about the grantor and grantees, keeping in mind that these parties can be individuals or corporations
  • Consideration, which is the price paid for the property interest (if the property is a gift, then the consideration could be a small monetary amount such as $1 to 10)
  • A legal property description, which can usually be found on an old deed, on the property title, or at your local County Clerk or Registry Office

Need More Real Estate Documents?

These forms may be useful for buying, selling, or transferring real estate:

  • A Deed of Reconveyance is documentation that a debt that was secured by a Deed of Trust has been fully paid off.
  • A Land Contract is used for real estate purchases where the seller is providing financing to the buyer for the purchase.
  • An Offer to Purchase Real Estate outlines the terms in a proposed real estate transaction between a buyer and seller.
  • A Real Estate Purchase Agreement is used to record the sale of real property.
  • A Survivorship Deed creates a joint tenancy between two or more individuals, allowing those people to have equal interest in a property. If one of these individuals passes away, their interest in the property goes to the surviving owner(s).
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