[{"data":1,"prerenderedAt":532},["ShallowReactive",2],{"document-quit-claim-deed-D991":3},{"document":4,"label":23,"preview":11,"thumb":24,"thumb600":25,"description":5,"descriptionCustom":6,"apiDescription":5,"pages":8,"extension":10,"parents":26,"breadcrumb":30,"related":36,"customDescModule":183,"customdescription":6,"mdFm":184,"mdProseHtml":531},{"description":5,"descriptionCustom":6,"label":7,"pages":8,"size":9,"extension":10,"preview":11,"thumb":12,"svgFrame":13,"seoMetadata":14,"parents":15,"keywords":22},"QUIT CLAIM DEED This Quit Claim Deed (the \"Agreement\") is made and effective [DATE], BETWEEN: [YOUR COMPANY NAME] (the \"Grantor\") corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [GRANTEE NAME] (the \"Grantee\"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at:",null,"Quit Claim Deed","1",29,"doc","https://templates.business-in-a-box.com/imgs/1000px/quit-claim-deed-D991.png","https://templates.business-in-a-box.com/imgs/250px/991.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#991.xml",{"title":6,"description":6},[16,19],{"label":17,"url":18},"Legal Agreements","/templates/business-legal-agreements/",{"label":20,"url":21},"Deeds","/templates/deed/","quit claim deed","Quit Claim Deed Template","https://templates.business-in-a-box.com/imgs/400px/991.png","https://templates.business-in-a-box.com/imgs/600px/991.png",[27,16,19],{"label":28,"url":29},"Templates","/templates/",[31,32,33],{"label":28,"url":29},{"label":17,"url":18},{"label":34,"url":35},"Real Estate & Leases","/templates/real-estate-and-leases/",[37,41,45,49,53,57,61,65,69,73,77,81,85,102,115,133,147,167],{"label":38,"url":39,"thumb":40,"extension":10},"Assignment of a Claim for Damages","/template/assignment-of-a-claim-for-damages-D937","https://templates.business-in-a-box.com/imgs/250px/937.png",{"label":42,"url":43,"thumb":44,"extension":10},"Notice of Insurance Claim","/template/notice-of-insurance-claim-D372","https://templates.business-in-a-box.com/imgs/250px/372.png",{"label":46,"url":47,"thumb":48,"extension":10},"5-Day Notice to Quit","/template/5-day-notice-to-quit-D1204","https://templates.business-in-a-box.com/imgs/250px/1204.png",{"label":50,"url":51,"thumb":52,"extension":10},"Notice to Pay Rent or Quit","/template/notice-to-pay-rent-or-quit-D1205","https://templates.business-in-a-box.com/imgs/250px/1205.png",{"label":54,"url":55,"thumb":56,"extension":10},"Assignment for Deed","/template/assignment-for-deed-D974","https://templates.business-in-a-box.com/imgs/250px/974.png",{"label":58,"url":59,"thumb":60,"extension":10},"Deed Of Conveyance","/template/deed-of-conveyance-D12693","https://templates.business-in-a-box.com/imgs/250px/12693.png",{"label":62,"url":63,"thumb":64,"extension":10},"Deed of Discharge","/template/deed-of-discharge-D980","https://templates.business-in-a-box.com/imgs/250px/980.png",{"label":66,"url":67,"thumb":68,"extension":10},"Gift Deed","/template/gift-deed-D13517","https://templates.business-in-a-box.com/imgs/250px/13517.png",{"label":70,"url":71,"thumb":72,"extension":10},"Mortgage Deed","/template/mortgage-deed-D988","https://templates.business-in-a-box.com/imgs/250px/988.png",{"label":74,"url":75,"thumb":76,"extension":10},"Quitclaim Deed","/template/quitclaim-deed-D394","https://templates.business-in-a-box.com/imgs/250px/394.png",{"label":78,"url":79,"thumb":80,"extension":10},"Warranty Deed","/template/warranty-deed-D993","https://templates.business-in-a-box.com/imgs/250px/993.png",{"label":82,"url":83,"thumb":84,"extension":10},"Checklist Making An Insurance Claim","/template/checklist-making-an-insurance-claim-D13218","https://templates.business-in-a-box.com/imgs/250px/13218.png",{"description":86,"descriptionCustom":6,"label":87,"pages":88,"size":89,"extension":10,"preview":90,"thumb":91,"svgFrame":92,"seoMetadata":93,"parents":95,"keywords":94,"url":101},"REAL ESTATE PURCHASE AGREEMENT This Real Estate Purchase Agreement (the \"Agreement\") is effective [DATE], BETWEEN: [SELLER NAME], (the \"Seller\") an individual with his main address located at OR a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] AND: [PURCHASER NAME], (the \"Purchaser\") an individual with his main address located at OR a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] Collectively, the Seller and Purchaser shall be referred to as the \"Parties.\" WHEREAS, the Seller is the owner of the real property located at [ADDRESS OF PROPERTY] (hereinafter referred to as the \"Property\") and the Purchaser is interested in buying the Property from the Seller pursuant to the following terms and conditions. WHEREAS, in consideration of and as a condition of the Seller selling the Property and the Purchaser purchasing the Property and other valuable consideration, the receipt and sufficiency of which are acknowledged here; NOW, THEREFORE, the Parties agree as follows: PROPERTY The Property is situated at [SPECIFY ADDRESS] and the legal description of the Property is as follows: [SPECIFY LEGAL DESCRIPTION OF PROPERTY] which includes with it but is not limited to permits, easements, and cooperative and association memberships (the \"Property\"). The Seller agrees to sell and convey to the Purchaser and the Purchaser agrees to purchase the Property from the Seller. The Seller shall release possession, occupancy, existing keys and/or means to operate all locks, mailbox, security system/alarms and all common area facilities to the Purchaser on the Closing Date. The Seller agrees that all the existing fixtures on the Premises, and any existing personal property including but not limited to light fixtures, fireplace, ceiling fans, lighting, and storage sheds shall be included in this sale and shall be transferred with no monetary value, and free and clear of all liens or encumbrances. PAYMENT OF PURCHASE PRICE The Purchaser agrees to pay to the Seller [SPECIFY AMOUNT] for the Property. At the time of signing of the Agreement, the Purchaser shall make the payment of [SPECIFY PERCENTAGE] % of the total amount. The remaining amount shall be transferred to the Seller on the Closing Date. The Purchaser is entitled to pay the amount by any of the following modes: [SPECIFY MODES OF PAYMENT]. TITLE INSURANCE The Seller shall furnish to the Purchaser an owner's policy of title insurance (the \"Title Insurance\") from [SPECIFY INSURANCE COMPANY] (the \"Title Company\") in an amount of the Sales Price dated as of the date that the sale of the Property becomes final, and the Purchaser takes possession, which insures and indemnifies the Purchaser against loss, as stipulated under the provisions of the Title Policy, subject to exceptions contained therein. TITLE COMMITMENT At the Seller's sole cost, the Seller will furnish or cause to be furnished to the Purchaser a commitment for the Title Insurance and copies of restrictive covenants and documents evidencing the exceptions in the Commitment. DISCLOSURES BY THE SELLER The Seller shall send disclosures to the Purchaser, within 28 days of signing of this Agreement, in which he shall disclose the details of the Property under various categories. The categories include: Boundaries. Changes made to the Property (extensions, alterations). Shared areas with neighbors, formal and informal agreements. Disputes or complaints (made by or about the Seller). Occupiers (who live at the Property). Guarantees and warranties affecting the Property. Environmental matters. The relevant issues disclosed to the Purchaser shall include, but are not limited to the following: Any disputes with neighbors that have resulted in written exchanges, or police or local authority involvement. Whether the neighbors have any anti-social behavior orders. Planning permission on the Property that is pending, granted or denied. Problems with pests, current or historic. Flooding issues, current or historic. Structural issues. Whether there is a flight path nearby or one planned. Whether there is a motorway within view or one planned. A previous sale falling through due to bad survey results on the Property. The neighborhood having high levels of crime. A violent death that occurred at the Property. Notwithstanding anything contained in the foregoing provisions, the Seller shall disclose all such information which would materially affect the Purchaser's consent to purchase the Property. WARRANTY BY THE SELLER The Seller has full power and authority to enter into and perform this Agreement in accordance with its terms; The individuals executing this Agreement on behalf of the Seller are authorized to do so and, upon execution hereof, this Agreement shall be binding upon and enforceable against the Seller; The Seller has no actual knowledge of any impending lawsuits with respect to the Property; The Seller represents and warrants that there will be no liens, assessments, or security interests from third parties against the Property on the Closing Date; The Seller warrants and shall maintain and repair the Premises so that at the time of possession, all the heating, cooling, mechanical, plumbing and electrical systems, and built-in appliances shall be in working condition; The Seller warrants that the Premises, including all additional existing personal property included in the sale, will be in substantially the same condition, except the changes caused by reasonable wear and tear or irresistible force, as on the date of acceptance of the Agreement; The Seller warrants that no damage would be caused to the Property, by any improvement work being carried out by the Seller in the Property, to substantially reduce its value or damage it in a way to make its enjoyment difficult. WARRANTY BY THE PURCHASER The Purchaser has full power and authority to enter into and perform this Agreement in accordance with its terms; and Any individual executing this Agreement on behalf of the Purchaser is authorized to do so, and, upon execution hereof, this Agreement shall be binding upon and enforceable against the Purchaser. INDEMNIFICATION The Seller will bear all the risk of loss to the Property or its improvements, which includes but is not limited to physical damage or destruction to the Property, or loss caused by eminent domain, until the Closing Date. If prior to the Closing Date, the Property is damaged or destroyed, the Seller will restore the Property to its previous condition as soon as possible before the Closing Date. The Seller agrees to defend, indemnify, and hold the Purchaser harmless from and against all claims, liabilities, obligations, costs, expenses, and reasonable attorney's fees arising out of or related to: Any breach or inaccuracy of representation or warranty of the Seller made in this Agreement; Any failure by the Seller to perform any covenant required to be performed by it under this Agreement; Any liability or obligation of any third party assumed by the Seller in accordance with the terms of this Agreement; Use of the Property before the Closing Date. PRORATION The Seller and the Purchaser agree to proration of the following items: Title Insurance and Closing Fee: The Seller shall pay all costs of the Title Commitment and the premium as applicable under law. Recording Costs: The Purchaser shall pay the cost of the deed and all other documents. Real Estate Taxes and Special Assessments: All real estate property taxes, levies and assessments as of the Closing","Real Estate Purchase Agreement","8",513,"https://templates.business-in-a-box.com/imgs/1000px/real-estate-purchase-agreement-D13234.png","https://templates.business-in-a-box.com/imgs/250px/13234.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#13234.xml",{"title":94,"description":6},"real estate purchase agreement",[96,98],{"label":17,"url":97},"business-legal-agreements",{"label":99,"url":100},"Purchase & Sale Agreements","purchase-sale-agreement","/template/real-estate-purchase-agreement-D13234",{"description":103,"descriptionCustom":6,"label":104,"pages":105,"size":89,"extension":10,"preview":106,"thumb":107,"svgFrame":108,"seoMetadata":109,"parents":111,"keywords":110,"url":114},"EXCLUSIVE LEASE AGREEMENT This is an Exclusive Lease Agreement (the \"Agreement\") effective [DATE], BETWEEN: [YOUR COMPANY NAME] (the \"Lessor\"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [LESSEE NAME] (the \"Lessee\"), an individual with his main address located at OR a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] TERMS It is agreed that: Lessor does hereby agree to grant, demise and let and Lessee does hereby agree to take premises situated in [CITY, STATE/PROVINCE] at [ADDRESS] and described as [DESCRIBE] with appurtenances, from Start Date [DATE] to Ending Date [DATE], at the rent or sum of [AMOUNT], to be paid as follows: [ENTER LEASE TERMS] The parties here shall execute the lease herein provided for on [DATE]. The Lessor shall [Enter any utilities and/or maintenance paid by Lessor]. ","Exclusive Lease Agreement","2","https://templates.business-in-a-box.com/imgs/1000px/exclusive-lease-agreement-D12808.png","https://templates.business-in-a-box.com/imgs/250px/12808.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#12808.xml",{"title":110,"description":6},"exclusive lease agreement",[112,113],{"label":17,"url":97},{"label":17,"url":97},"/template/exclusive-lease-agreement-D12808",{"description":116,"descriptionCustom":6,"label":117,"pages":118,"size":119,"extension":10,"preview":120,"thumb":121,"svgFrame":122,"seoMetadata":123,"parents":124,"keywords":131,"url":132},"OFFER TO PURCHASE This Offer to Purchase (the \"Agreement\") is effective [DATE], BETWEEN: [YOUR COMPANY NAME] (the \"Purchaser\"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [COMPANY NAME] (the \"Vendor\"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] We, (the\" Purchaser\") hereby offer to purchase from you, (the \"Vendor\") upon and subject to the terms and conditions herein, the immoveable property described as: [DESCRIBE - INCLUDING PLAN AND BOOK OF REFERENCE OF, REGISTRATION DIVISION] together with the building thereon erected, bearing civic number [NUMBER] on the street [STREET], in the City of [CITY], [State/Province] of [STATE/PROVINCE] (hereinafter referred to as the \"Property\"), as the said Property now subsists including, except to the extent not owned by Vendor and subject to all rights of tenants in the building (a) all permanent electrical fixtures, (b) all permanently installed heating equipment, (c) all equipment, tools and supplies used in the daily operation of the Property, (d) all equipment, furniture and supplies used in the administration of the Property, and (e) all rights of the Vendor in any operating agreements, licenses, trademarks, leases and metro access agreements related to the Property or the administration thereof, including without limiting the foregoing, all of the Vendor's rights as lessee in that certain lease with the for certain parking facilities under, which lease shall provide for at least [NUMBER] parking spaces (the \"Parking Facility\") for a term of at least [NUMBER] years at an annual net rental of [AMOUNT] to be adjusted annually based on the Consumer Price Index. 2. PURCHASE PRICE The total purchase price for the Property (the \"Purchase Price\") shall be the sum of [AMOUNT] payable as follows: a) The amount of [AMOUNT] by check to the order of our attorneys, [INDIVIDUAL NAME] in Trust, which shall be delivered to the said payee upon your acceptance hereof and shall be applied on account of the Purchase Price at Closing (as hereinafter defined) or otherwise dealt with as hereinafter provided, which sum shall be invested in a certificate of deposit with a [COUNTRY] chartered bank until Closing. All interest on such deposit shall, except as herein provided to the contrary, be payable to Purchaser; and b) The amount of [AMOUNT] shall be paid by bank draft at Closing to [INDIVIDUAL NAME] in Trust. The parties hereto agree than an amount of [AMOUNT] of the Purchase Price will be remitted to the Vendor upon the registration of the deed of sale without adverse entries and subject to the discharge of all hypothecs and privileged claims which may affect the Property. An amount of [AMOUNT] from the Purchase Price will be held by the offices of [INDIVIDUAL NAME] in Trust as guarantee for the fulfillment of the various warranties of the Vendor pursuant to the provisions of this offer, and any other documents to be executed by the Vendor pursuant to the provisions hereof. The said sum of [AMOUNT] will be held by [INDIVIDUAL NAME] in Trust and dealt with and disposed of by them pursuant to the provisions of Section 9 hereof. No privilege or hypothec shall secure the payment of the said amount of [AMOUNT], the entire sale price shall be deemed for the purposes of the deed of sale to have been paid in full upon the execution of the deed of sale. 3. CLOSING Subject as herein provided, a Deed of Sale giving effect hereto shall be executed before Purchaser's notary at the offices of [INDIVIDUAL NAME], [FULL ADDRESS], [STATE/PROVINCE], and the payment referred to in Section 2(b) above will be made, such actions being herein referred to as the \"Closing\", on, [DATE] (the \"Closing Date\") at [HOUR] a.m./p.m., or at such other time and place as may be mutually agreed upon between us. 4. CONDITIONS PRECEDENT TO CLOSING This Offer is made subject to the following conditions, each of which is of the essence hereof: a) Within [NUMBER] days of Vendor's acceptance hereof, Vendor will, at its expense, furnish Purchaser with: (i) An up-to-date Certificate of Location prepared by a qualified land surveyor showing the Property in its present state and condition; (ii) Executed copies of all contracts and agreements relating to the Property which are then in force or may come into force prior to the Closing, including, any operating agreements, licenses, leases in favor of the Property, metro access agreements and all contracts relating to parking, heating, ventilation and air conditioning, elevators, cleaning, pest control and security (collectively called the \"Contracts\"); and (iii) Executed copies of all leases and accepted offers to lease of premises forming part of the Property, including without limitation, any subleases to which Vendor has consented in writing (the said leases, offers to lease and subleases being herein collectively called the \"Space Leases\"); (iv) Audited financial statements of gross rental revenue, property taxes and operating expenses for the [NUMBER]-year period ended [DATE], and unaudited financial statements for the period ended [DATE] to the date hereof; (v) An executed copy of the lease with the City of [CITY] for the Parking Facility. b) Purchaser and its agents shall be permitted at any reasonable time during normal business hours, upon the request of the Purchaser giving reasonable notice, during the period commencing with the date of acceptance by Vendor of this Offer and terminating at [HOUR] a.m./p.m. on [DATE] to enter upon the Property for the purpose of inspecting or surveying it, provided that the business operations being conducted thereon are not adversely affected, and Vendor shall give Purchaser and its agents full access to the Property and shall make available to the Purchaser, in addition to the documents referred to at a) i), ii), iii), iv) and v) above, all documents which may be pertinent in establishing the value of the Property, and without limiting the foregoing, Vendor's complete files containing: (i) Copies of all plans, drawings and specifications for the Property (including without limitations, plans for leasehold or tenants' improvements in the possession of the Vendor); (ii) Copies of any and all engineering reports and architectural reports the Vendor has obtained in respect of the Property; (iii) Copies of all operating statements, sales reports, participation rental receipts and claims, accounting records and other records pertaining to operating costs, recoveries and participation rents from tenants held by the Vendor; (iv) Copies of all supporting invoices relating to the financial statements furnished by the Vendor at a) iv) above; (v) Copies of all contracts with general contractors, contractors, workmen, suppliers of material, in respect of work presently being carried out with respect to the Property; (vi) Copies of all insurance policies relating to the Property; (vii) Copies of all recent correspondence from tenants of the Property; (viii) Copies of all recent correspondence from the City of [CITY] or other statutory authorities concerning the Property, and any work presently being carried out thereto; (ix) Copies of all correspondence or litigation files or appraisals relating to any current contestation of the municipal evaluation of the Property; Purchaser agrees to keep all such information confidential in the event the Closing does not take place","Offer to Purchase Real Estate Property","12",89,"https://templates.business-in-a-box.com/imgs/1000px/offer-to-purchase_real-estate-property-D1190.png","https://templates.business-in-a-box.com/imgs/250px/1190.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#1190.xml",{"title":6,"description":6},[125,128],{"label":126,"url":127},"Real Estate","real-estate-business",{"label":129,"url":130},"Business Checklists","business-checklists","offer to purchase real estate property","/template/offer-to-purchase-real-estate-property-D1190",{"description":134,"descriptionCustom":6,"label":135,"pages":136,"size":137,"extension":10,"preview":138,"thumb":139,"svgFrame":140,"seoMetadata":141,"parents":142,"keywords":145,"url":146},"PROPERTY MANAGEMENT AGREEMENT This Property Management Agreement (the \"Agreement\") is made and effective [DATE], BETWEEN: [YOUR COMPANY NAME] (the \"Owner\"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [AGENT NAME] (the \"Agent\"), an individual with his main address located at OR a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] RECITALS Owner holds title to the following-described real property: [insert legal or other appropriate description], here referred to as the property. Agent is experienced in the business of operating and managing real estate similar to the above-described property. Owner desires to engage the services of agent to manage and operate the property, and agent desires to provide such services on the following terms and conditions. In consideration of the mutual covenants contained herein, the parties agree: EMPLOYMENT OF AGENT Agent shall act as the exclusive agent of owner to manage, operate and maintain the property. BEST EFFORTS OF AGENT On assuming the management and operation of the property, agent shall thoroughly inspect the property and submit a written report to owner. The written report shall contain the opinion of agent concerning the present efficiency under which the property is being managed and operated, and recommended changes, if necessary, in the management structure of the property, in the rehabilitation of the property, and any other matters that will improve the efficient management and operation of the property. After conferring with owner and obtaining approval to make any necessary improvements, agent shall undertake completion of the improvements. LEASING OF PROPERTY Agent shall make reasonable efforts to lease available space of the property, and shall be responsible for all negotiations with prospective tenants. Agent shall also have the right to execute and enter into, on behalf of owner, month-to-month tenancies of units of the property. Agent may negotiate all extensions and renewals of such month-to-month tenancies and leases. Agent shall not, without the prior written consent of owner, enter into any lease for a term less than [NUMBER] months or more than [NUMBER] months. Agent shall have the right to make concessions, including rental concessions, as inducements to prospective tenants to occupy the property. ADVERTISING AND PROMOTION Agent shall advertise vacancies by all reasonable and proper means; provided, agent shall not incur expenses for advertising in excess of [AMOUNT] during any calendar quarter without the prior written consent of owner. MAINTENANCE, REPAIRS AND OPERATIONS Agent shall use its best efforts to insure that the property is maintained in an attractive condition and in a good state of repair. In this regard, agent shall use its best skills and efforts to serve the tenants of the property and shall purchase necessary supplies, make contracts for, or otherwise furnish, electricity, gas, fuel, water, telephone, window cleaning, refuse disposal, pest control, and any other utilities or services required for the operation of the property. Agent shall make or cause to be made and supervise necessary repairs and alterations and shall decorate and furnish the property. Expenditures for repairs, alterations, decorations or furnishings in excess of [AMOUNT] shall not be made without prior written consent of owner, except in the case of emergency, or if agent in good faith determines that such expenditures are necessary to protect the property from damage, to prevent injury to persons or loss of life, or to maintain services to tenants. EMPLOYEES Agent shall employ, discharge and supervise all on-site employees or contractors required for the efficient operation and maintenance of the property. All on-site personnel, except independent contractors and employees of independent contractors, shall be the employees of agent. Agent shall pay the salaries of such on-site employees and, to the extent there are revenues from the property available, pay all charges for services rendered by independent contractors and the employees of independent contractors. All salaries (including all contributions of employer not listed in the paycheck) of such on-site employees shall be charged to owner. To the extent there are insufficient funds available from revenues received from the operation of the property to reimburse agent for such salaries, owner shall directly reimburse agent within [NUMBER] days after demand by agent for reimbursement. Agent shall not be responsible or liable to owner for any act, default or negligence of on-site personnel, or for any error of judgment or mistake of law or fact in connection with their employment, conduct or discharge except that agent shall be responsible for any such act, default or negligence that is due directly or indirectly to its own negligent act or omission in the hiring or supervision of any such on-site personnel. On-site personnel shall include all resident personnel, including, but not limited to, managers and maintenance personnel, all recreational personnel (whether part-time or full-time), day-care center personnel, and all other individuals located, rendering services or performing activities on the property in connection with its operation. GOVERNMENT REGULATIONS Agent shall manage the property in full compliance with all laws and regulations of any federal, state, county or municipal authority having jurisdiction over the property. INSURANCE Agent shall obtain the following insurance at the expense of owner, and such insurance shall be maintained in force during the full term of this agreement: Comprehensive public liability property insurance of [AMOUNT] single limit for bodily injury, death and property damage; Fire and extended coverage hazard insurance in an amount equal to the full replacement cost of the structure and other improvements situated on the property; and A fidelity bond in the amount of [AMOUNT] on each employee who handles cash, and workers' compensation and employer liability insurance to cover the agents and employees of both employer and agent. All of the policies shall name agent and owner as co-insureds as their respective interests may appear. Agent shall deliver certificates evidencing such insurance coverage to owner within [NUMBER] days from the issuance and renewal of the policies. Owner shall cooperate with agent and any insurer in the making and delivery of all reports, notices, and other items required in connection with any of the insurance policies. COLLECTION OF INCOME; INSTITUTION OF LEGAL ACTION Agent shall use its best efforts to collect promptly all rents and other income issuing from the property when such amounts become due. It is understood that agent does not guarantee the collection of rents. Agent shall, in the name of owner, execute and serve such notices and demands on delinquent tenants as agent may deem necessary or proper. Agent, in the name of owners, shall institute, settle or compromise any legal action and make use of such methods of legal process against a delinquent tenant or the property of a delinquent tenant as may be necessary to enforce the collection of rent or other sums due from the tenant, to enforce any covenants or conditions of any lease or month-to-month rental agreement, and to recover possession of any part of the property. No other form of legal action will be instituted and no settlement, compromise, or adjustment of any matters involved therein shall be made without the prior written consent of owner, except when agent determines that immediate action is necessary. BANK ACCOUNTS","Property Management Agreement","7",73,"https://templates.business-in-a-box.com/imgs/1000px/property-management-agreement-D1196.png","https://templates.business-in-a-box.com/imgs/250px/1196.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#1196.xml",{"title":6,"description":6},[143,144],{"label":126,"url":127},{"label":129,"url":130},"property management agreement","/template/property-management-agreement-D1196",{"description":148,"descriptionCustom":6,"label":149,"pages":8,"size":150,"extension":10,"preview":151,"thumb":152,"svgFrame":153,"seoMetadata":154,"parents":155,"keywords":165,"url":166},"REVOCABLE PROXY [YOUR COMPANY NAME] The undersigned, as record holder of the securities of [YOUR COMPANY NAME] described below, hereby revokes any previous proxies and appoints [Name] as the undersigned's proxy to attend all shareholders' meetings and to vote, execute consents, and otherwise represent those shares in the same manner and with the same effect as if the undersigned were personally present at any such meeting or voting such securities or personally acting on any matters submitted to shareholders for approval or consent. The proxy holder will have the full power of substitution and revocation. This proxy is made pursuant to an agreement of [DESCRIBE], dated [Date]. This proxy is revocable at any time, and unless revoked, shall terminate on [Date]. ","Proxy Revocable",36,"https://templates.business-in-a-box.com/imgs/1000px/proxy_revocable-D20.png","https://templates.business-in-a-box.com/imgs/250px/20.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#20.xml",{"title":6,"description":6},[156,159,162],{"label":157,"url":158},"Business Plan Kit","business-plan-kit",{"label":160,"url":161},"Board of Directors","board-of-directors",{"label":163,"url":164},"Sales & Marketing","sales-marketing","proxy revocable","/template/proxy-revocable-D20",{"description":168,"descriptionCustom":6,"label":169,"pages":170,"size":89,"extension":10,"preview":171,"thumb":172,"svgFrame":173,"seoMetadata":174,"parents":176,"keywords":181,"url":182},"LAST WILL AND TESTAMENT OF [YOUR NAME] I, [YOUR NAME], a resident of [CITY, PROVINCE OR STATE], hereby declare that this is my last will and testament and that I hereby revoke, cancel and annul all wills and codicils previously made by me either jointly or severally. I declare that I am of legal age to make this will and of sound mind and that this last will and testament expresses my wishes without undue influence or duress. ARTICLE I IDENTIFICATION OF FAMILY I am married to [SPOUSE'S NAME] and all references in this Will to \"my spouse\" are references to [SPOUSE'S NAME]. I have the following children, biological or adopted. The names of my children are [NAME OF CHILD] and [NAME OF CHILD]. All references in this Will to \"my children\" are references to the above-named children. ARTICLE II APPOINTMENT OF EXECUTOR I appoint [SPOUSE'NAME], as the executor of my Will. If [SPOUSE'S NAME] is unable or unwilling to serve as executor, then I appoint [NAME OF SECOND EXECUTOR] as the executor. I hereby give and grant the Executor all powers and authority as are required or allowed in law, and especially that of assumption. The executor shall not be required to furnish security and shall serve without any bond. and will have the authority to carry out the provisions of my Will, including without limitation, the power to buy, sell, and maintain property; to pursue any claims or legal actions on behalf of my estate; and to pay my probate and funeral expenses prior to any distribution of property. Pending the distribution of my estate my Executors shall have authority to carry on any business, venture or partnership in which I may have any interest at the time of my death. My Executors shall have full and absolute power in his/her discretion to sell all or any assets of my estate, whether by public auction or private sale and shall be entitled to let any property in my estate on such terms and conditions as may be acceptable to my beneficiaries. My Executors shall have authority to borrow money for any purpose connected with the liquidation and administration of my estate and to that end may encumber any of the assets of my estate. ARTICLE III GUARDIANSHIP OF MINOR CHILDREN In the event that me and my spouse die before a child of mine reaches the age of eighteen, I appoint [NAME OF THE GUARDIAN], who resides at [ADDRESS OF THE GUARDIAN], to serve as guardian for my minor child(ren). If this named guardian is unable or unwilling to serve, then I appoint [NAME OF THE GUARDIAN], who resides at [ADDRESS OF THE GUARDIAN], as alternate guardian. ARTICLE IV PAYMENT OF DEBTS AND EXPENSES I direct my Executor to pay my judicially enforceable debts, funeral expenses and expenses of last illness be first paid from my estate, as soon after my death as practicable. Further, I direct that all estate and inheritance taxes and other taxes in the general nature thereof (together with any interest or penalty thereon), which shall become payable upon or by reason of my death with respect to any property passing by or under the terms of this Will or any codicil to it hereafter executed by me, or with respect to the proceeds of any life insurance policy or policies, or with respect to any other property (including property over which I have a taxable power of appointment) included in my gross estate for the purpose of such taxes, shall be paid by my Executor out of the principal of my residuary estate. ARTICLE V TRUST FOR THE BENEFIT OF THE MINOR CHILDREN In the event that I bequeath any of my estate in this Will to a child of mine who is under the age of eighteen years at the time of my death, then I direct that all such bequests for that child be held in a separate trust until the child reaches the age of [SPECIFY]. I appoint [NAME, ADRESSE OF THE TRUSTEE], as the trustee for each child's trust created by this Will. If this person or institution is unwilling or unable to serve as trustee, then I appoint [NAME AND ADRESS OF THE TRUSTEE], as alternate trustee. The trustee will serve without bond. The Trustee's Duties: The trustee will convert to cash all debts and securities that are not qualified legal investments, will reinvest cash in proper securities, and will protect and preserve the trust property","Last Will and Testament - Married with Children","5","https://templates.business-in-a-box.com/imgs/1000px/last-will-and-testament---married-with-children-D12557.png","https://templates.business-in-a-box.com/imgs/250px/12557.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#12557.xml",{"title":175,"description":6},"last will and testament - married with children",[177,178],{"label":157,"url":158},{"label":179,"url":180},"Last Will & Testament","/last-will-testament","last will testament   married with children","/template/last-will-and-testament---married-with-children-D12557",false,{"seo":185,"reviewer":197,"quick_facts":201,"at_a_glance":204,"personas":208,"variants":233,"glossary":258,"clauses":295,"how_to_fill":345,"common_mistakes":386,"faqs":411,"industries":442,"comparisons":459,"diy_vs_lawyer":472,"jurisdictions":485,"related_template_ids_curated":506,"schema":519,"classification":520},{"meta_title":186,"meta_description":187,"primary_keyword":188,"secondary_keywords":189},"Quit Claim Deed Template (Free Word)","Free quit claim deed template for transferring property interests without warranty. Covers grantor, grantee, property description, and consideration. Free Word and PDF download.","quit claim deed template",[190,191,192,193,194,195,196],"quit claim deed form","quit claim deed template word","free quit claim deed","quitclaim deed form free download","property transfer deed template","quit claim deed pdf","quitclaim deed between family members",{"name":198,"credential":199,"reviewed_date":200},"Bruno Goulet","CEO, Business in a Box","2026-05-02",{"difficulty":202,"legal_review_recommended":203,"signature_required":203},"advanced",true,{"what_it_is":205,"when_you_need_it":206,"whats_inside":207},"A Quit Claim Deed is a legal document used to transfer whatever interest a grantor holds in a piece of real property to a grantee — without making any warranties or guarantees about the quality or extent of that title. This free Word download gives you a professionally structured template you can edit online and export as PDF, ready for notarization and recording at your county or municipal registry.\n","Use it when transferring property between family members, adding or removing a spouse or partner from a title, conveying property into or out of a trust or LLC, or resolving a cloud on title after an estate settlement. It is not appropriate when a buyer expects a clean, warranted title in an arm's-length sale.\n","Grantor and grantee identification, legal property description, consideration amount, conveyance language, warranty disclaimer, grantor signature and notarization block, and recording information for the applicable county or municipality.\n",[209,213,217,221,225,229],{"title":210,"use_case":211,"icon_asset_id":212},"Married couples and domestic partners","Adding or removing a spouse from a property title after marriage or divorce","persona-married-couple",{"title":214,"use_case":215,"icon_asset_id":216},"Estate attorneys and administrators","Transferring real property from a decedent's estate to heirs or beneficiaries","persona-estate-attorney",{"title":218,"use_case":219,"icon_asset_id":220},"Real estate investors","Conveying property from personal ownership into an LLC or trust for asset protection","persona-real-estate-investor",{"title":222,"use_case":223,"icon_asset_id":224},"Small business owners","Transferring commercially owned property between business entities or partners","persona-small-business-owner",{"title":226,"use_case":227,"icon_asset_id":228},"Family members gifting property","Transferring a home or land to a child, sibling, or parent with no sale proceeds","persona-family-member",{"title":230,"use_case":231,"icon_asset_id":232},"Title companies and real estate attorneys","Clearing a defect or cloud on title before closing an arm's-length transaction","persona-real-estate-attorney",[234,238,241,245,249,252,256],{"situation":235,"recommended_template":236,"slug":237},"Transferring property with a full guarantee of clean title to a buyer","General Warranty Deed","warranty-deed-D993",{"situation":239,"recommended_template":240,"slug":237},"Transferring property with limited warranty covering only the grantor's period of ownership","Special Warranty Deed",{"situation":242,"recommended_template":243,"slug":244},"Transferring property upon the grantor's death without going through probate","Transfer on Death Deed","transfer-of-title-warranty-deed-D992",{"situation":246,"recommended_template":247,"slug":248},"Conveying property into a revocable living trust","Deed of Trust","assignment-of-deed-of-trust-D975",{"situation":250,"recommended_template":251,"slug":244},"Transferring property between divorcing spouses per a court settlement agreement","Interspousal Transfer Deed",{"situation":253,"recommended_template":254,"slug":255},"Correcting a minor error on a previously recorded deed","Correction Deed","employee-correction-form-D618",{"situation":257,"recommended_template":78,"slug":237},"Transferring property as part of a formal real estate purchase with title insurance",[259,262,265,268,271,274,277,280,283,286,289,292],{"term":260,"definition":261},"Grantor","The current titleholder who is transferring their interest in the property to another party.",{"term":263,"definition":264},"Grantee","The person or entity receiving the property interest conveyed by the grantor.",{"term":266,"definition":267},"Conveyance","The legal transfer of an ownership interest in real property from one party to another by deed or other written instrument.",{"term":269,"definition":270},"Legal Description","A precise, formally recorded description of a property's boundaries using lot and block numbers, metes and bounds, or a government survey — not a street address.",{"term":272,"definition":273},"Consideration","The value exchanged for the property transfer — often a nominal amount such as $1 or $10 in intra-family transfers, or fair market value in commercial transactions.",{"term":275,"definition":276},"Cloud on Title","Any claim, lien, or encumbrance appearing in the public record that questions the clarity of ownership and can prevent a clean sale or refinancing.",{"term":278,"definition":279},"Notarization","The process by which a licensed notary public verifies the identity of the signer and witnesses their signature, required for deed recording in virtually all US states and Canadian provinces.",{"term":281,"definition":282},"Recording","The act of filing a signed and notarized deed with the appropriate county recorder, land registry, or municipal office to make the transfer part of the public record.",{"term":284,"definition":285},"Title Insurance","A policy that protects a property owner or lender against losses arising from undiscovered defects or competing claims in the chain of title — not issued based solely on a quit claim deed.",{"term":287,"definition":288},"Warranty of Title","A guarantee by the grantor that they hold valid, unencumbered title and will defend the grantee against any future claims — deliberately absent in a quit claim deed.",{"term":290,"definition":291},"Chain of Title","The chronological sequence of documented ownership transfers for a property, traceable through recorded deeds in the public record.",{"term":293,"definition":294},"Tenancy in Common","A form of co-ownership where two or more parties hold distinct, transferable shares of a property without the right of survivorship.",[296,301,306,310,315,320,325,330,335,340],{"name":297,"plain_english":298,"sample_language":299,"common_mistake":300},"Grantor identification","Names the current titleholder — individual, couple, or entity — and their legal address, establishing who is transferring the interest.","[GRANTOR FULL LEGAL NAME], a [single person / married person / LLC], residing at [GRANTOR ADDRESS], City of [CITY], State of [STATE] ('Grantor'),","Using an informal name or nickname instead of the grantor's exact legal name as it appears on the existing recorded deed — a mismatch causes the recorder to reject the document.",{"name":302,"plain_english":303,"sample_language":304,"common_mistake":305},"Grantee identification","Names the recipient of the property interest and their address, establishing who takes title and in what capacity.","does hereby quit claim to [GRANTEE FULL LEGAL NAME], [a single person / husband and wife / [LLC NAME], a [STATE] limited liability company], whose address is [GRANTEE ADDRESS] ('Grantee'),","Failing to specify the vesting — how the grantee holds title (sole owner, joint tenants, tenants in common, community property) — which creates ambiguity about survivorship rights and share allocations.",{"name":272,"plain_english":307,"sample_language":308,"common_mistake":309},"States the value paid for the transfer. In family or intra-entity transfers, this is typically nominal; in arm's-length transactions it reflects fair market value.","for and in consideration of the sum of [TEN DOLLARS ($10.00)] and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged,","Using $0 as consideration in a jurisdiction that calculates transfer tax on consideration — some states impose a minimum tax or treat a $0 consideration deed as a gift subject to IRS gift-tax reporting requirements.",{"name":311,"plain_english":312,"sample_language":313,"common_mistake":314},"Conveyance language","The operative words that legally effect the transfer — typically 'remise, release, and forever quit claim' — conveying whatever interest the grantor holds without any representation of its quality.","the Grantor does hereby remise, release, and forever quit claim unto the Grantee, all right, title, interest, claim, and demand which the Grantor has in and to the following described real property:","Substituting warranty deed language ('grant and convey with warranty') for quit claim language. Using warranty phrasing in a document intended as a quit claim can inadvertently create a warranty obligation the grantor did not intend.",{"name":316,"plain_english":317,"sample_language":318,"common_mistake":319},"Legal description of the property","The precise legal description of the property being transferred — drawn from the existing recorded deed, survey, or county assessor records — not a street address alone.","Lot [LOT NUMBER], Block [BLOCK NUMBER], [SUBDIVISION NAME], according to the plat thereof recorded in Plat Book [X], Page [X], of the Public Records of [COUNTY] County, [STATE]. Also known as: [STREET ADDRESS] (for reference only).","Copying the street address from a tax bill instead of pulling the formal legal description from the existing recorded deed. An address is not a legal description and will cause the recorder to reject the instrument.",{"name":321,"plain_english":322,"sample_language":323,"common_mistake":324},"Parcel identification number (APN / PIN)","The assessor's parcel number or property identification number assigned by the county or municipality, used to cross-reference the property in tax and recording databases.","Assessor's Parcel Number (APN): [APN / PIN NUMBER]","Omitting the APN entirely. Most county recorders require it, and missing it is one of the most common causes of deed rejection at the recording counter.",{"name":326,"plain_english":327,"sample_language":328,"common_mistake":329},"Warranty disclaimer","Explicitly states that the grantor makes no warranties about the condition of title — no promise that it is clear, unencumbered, or that the grantor actually owns what they are transferring.","This conveyance is made without any covenant or warranty of title, express or implied. The Grantor conveys only such interest, if any, as the Grantor currently holds.","Leaving the warranty disclaimer out of the document entirely — creating an ambiguity that could allow the grantee to argue implied warranty of title in some jurisdictions.",{"name":331,"plain_english":332,"sample_language":333,"common_mistake":334},"Grantor signature block","The line on which the grantor signs, with printed name below and the date of signing — must match the grantor's name exactly as stated in the body of the deed.","IN WITNESS WHEREOF, the Grantor has executed this Quit Claim Deed as of [DATE].\n\n___________________________\n[GRANTOR FULL LEGAL NAME]\nDate: [DATE]","Having only one spouse sign when both are vested on the existing title. Both titleholders must sign to convey the complete interest — an unsigned titleholder retains their share.",{"name":336,"plain_english":337,"sample_language":338,"common_mistake":339},"Notarization block","The notary public's certification that the grantor appeared before them, presented valid identification, and signed voluntarily — required for recording in virtually every jurisdiction.","State of [STATE], County of [COUNTY]. On [DATE], before me, [NOTARY NAME], a Notary Public, personally appeared [GRANTOR NAME], known to me (or proved to me on the basis of satisfactory evidence) to be the person whose name is subscribed to the within instrument... [NOTARY SEAL & SIGNATURE]","Having the deed notarized by a notary who was not physically present when the grantor signed. Remote online notarization (RON) is now permitted in many US states, but the specific RON requirements vary and must be followed precisely.",{"name":341,"plain_english":342,"sample_language":343,"common_mistake":344},"Recording information block","Space for the county recorder's stamp, document number, and date of recording — completed by the recorder's office upon filing, but the return-to address must be filled in by the preparer.","After recording, return to:\n[GRANTEE NAME OR ATTORNEY NAME]\n[RETURN ADDRESS]\n[CITY, STATE, ZIP]","Leaving the return-to address blank. The recorder's office will not know where to mail the original recorded deed after processing, and the grantee may never receive confirmation of recording.",[346,351,356,361,366,371,376,381],{"step":347,"title":348,"description":349,"tip":350},1,"Pull the existing recorded deed","Obtain a certified copy of the current recorded deed from the county recorder's office or land registry. Copy the grantor's legal name, existing legal description, and APN exactly as they appear.","Do not rely on a tax bill or mortgage statement for the legal description — these often use abbreviated or informal descriptions that recorders reject.",{"step":352,"title":353,"description":354,"tip":355},2,"Identify and enter grantor and grantee information","Enter the grantor's full legal name as it appears on the existing deed. Enter the grantee's full legal name exactly as they want to appear on title, along with their mailing address.","For LLCs or trusts receiving title, include the full entity name, state of formation, and entity type — e.g., '[NAME], a California limited liability company.'",{"step":357,"title":358,"description":359,"tip":360},3,"Choose vesting for the grantee","Decide how the grantee will hold title: sole and separate property, joint tenancy with right of survivorship, tenants in common with specified shares, or community property. State this explicitly after the grantee's name.","Joint tenancy and tenants in common have very different inheritance consequences — confirm the intended outcome with an estate planning attorney before completing this field.",{"step":362,"title":363,"description":364,"tip":365},4,"Enter the consideration amount","State the consideration — typically $10 or $1 for family transfers, or fair market value for commercial transfers. Check your state's transfer tax rules to avoid underpayment penalties.","Some states, including California and New York, calculate documentary transfer tax on the full fair market value even when consideration is nominal — confirm the applicable rate with a local title professional.",{"step":367,"title":368,"description":369,"tip":370},5,"Paste the full legal description","Copy the complete legal description verbatim from the existing recorded deed into the property description field. Add the street address labeled 'for reference only' beneath it.","Even a single missing word in a metes-and-bounds description can render the deed legally defective — copy it character by character.",{"step":372,"title":373,"description":374,"tip":375},6,"Have the grantor sign before a notary","All parties vested on the current title must sign in the presence of a licensed notary public. The notary verifies identity, witnesses the signature, and completes the notarial certificate with their seal.","Check whether your state permits remote online notarization — if so, confirm the platform you use meets your state's specific RON requirements for real property deeds.",{"step":377,"title":378,"description":379,"tip":380},7,"Record the deed with the county recorder","Submit the original notarized deed to the county recorder's or registrar's office in the county where the property is located, along with the required recording fee and any transfer tax forms.","Call the recorder's office before submitting to confirm current fees, page-count requirements, and whether they accept e-recording — many counties now do.",{"step":382,"title":383,"description":384,"tip":385},8,"Update title insurance and notify your lender","If the property carries a mortgage, notify the lender before recording — some loan agreements contain due-on-sale clauses triggered by a title transfer. Contact your title insurer to discuss whether an endorsement or new policy is needed.","Transferring mortgaged property into an LLC without lender consent can accelerate the loan — confirm in writing that the lender approves the transfer before recording.",[387,391,395,399,403,407],{"mistake":388,"why_it_matters":389,"fix":390},"Using a street address instead of a legal description","County recorders require the formal legal description from the public record — a street address does not legally identify a parcel, and the deed will be rejected or, if recorded, may be legally defective.","Obtain the current recorded deed from the county recorder or land registry and copy the legal description verbatim into the template.",{"mistake":392,"why_it_matters":393,"fix":394},"Only one spouse signs when both are on title","A grantor can only convey the interest they personally hold. If both spouses are vested on the existing deed and only one signs, the unsigned spouse retains their undivided interest — the grantee receives an incomplete title.","Pull the existing deed, confirm every vested titleholder, and ensure all of them sign the quit claim deed before notarization.",{"mistake":396,"why_it_matters":397,"fix":398},"Skipping lender notification on a mortgaged property","Most mortgage agreements include a due-on-sale clause that entitles the lender to demand full repayment if the property is transferred without consent — even into an LLC or family trust.","Contact the lender in writing before recording the deed and obtain written confirmation that the transfer will not trigger the due-on-sale clause.",{"mistake":400,"why_it_matters":401,"fix":402},"Relying on a quit claim deed where a warranty deed is required","A quit claim deed conveys no warranty of title. In an arm's-length purchase, the buyer receives no protection against undiscovered liens, competing claims, or prior transfers — and no title insurer will issue a standard owner's policy based solely on a quit claim.","Use a general warranty deed or special warranty deed for any property sale where the buyer is paying fair market value and expects insurable title.",{"mistake":404,"why_it_matters":405,"fix":406},"Failing to record the deed promptly after signing","An unrecorded deed is valid between the parties but does not protect the grantee against subsequent bona fide purchasers or judgment creditors who record first — in most jurisdictions, priority goes to whoever records first.","Record the notarized deed at the county recorder's office within a few days of signing, and retain the recorded copy with the document number stamped by the recorder.",{"mistake":408,"why_it_matters":409,"fix":410},"Nominating a nominal consideration without checking transfer tax rules","Using $1 or $10 as consideration does not exempt the transfer from documentary transfer tax in many states and counties — some jurisdictions assess tax on fair market value regardless of stated consideration, and underpayment triggers penalties and interest.","Research your state and county's transfer tax rules — or ask a local title company — before completing the consideration field, and file any required transfer tax affidavit at recording.",[412,415,418,421,424,427,430,433,436,439],{"question":413,"answer":414},"What is a quit claim deed?","A quit claim deed is a legal instrument that transfers whatever ownership interest the grantor currently holds in a piece of real property to a grantee, without making any warranty or guarantee about the title's quality, completeness, or freedom from liens. It conveys exactly what the grantor has — which may be full ownership, a partial interest, or nothing at all. Because it offers no title protection, it is most commonly used between parties who already trust each other: family members, divorcing spouses, or business partners restructuring entity ownership.\n",{"question":416,"answer":417},"What is the difference between a quit claim deed and a warranty deed?","A warranty deed includes the grantor's formal promise that the title is clear, that no undisclosed liens or encumbrances exist, and that the grantor will defend the grantee against any future claims. A quit claim deed makes none of those promises — it simply passes whatever interest the grantor holds. For arm's-length real estate purchases where the buyer is paying fair market value, a warranty deed is required. A quit claim deed is appropriate only for transfers where the grantee accepts the title as-is and is not relying on any warranty.\n",{"question":419,"answer":420},"When should I use a quit claim deed?","Common situations include adding or removing a spouse or partner from a title after marriage, separation, or divorce; transferring property into a revocable living trust or LLC for estate planning or asset protection; conveying real property from a deceased person's estate to heirs after probate; clearing a technical cloud on title caused by a prior recording error; and gifting property to a family member. It is not appropriate for sales to unrelated buyers who expect clean, insurable title.\n",{"question":422,"answer":423},"Does a quit claim deed need to be notarized?","Yes, in virtually every US state and Canadian province, a deed must be signed in the presence of a licensed notary public and bear the notary's seal and certificate before it can be recorded. Some states also require one or two witnesses in addition to the notary. Recording is what makes the transfer part of the public record and protects the grantee against competing claims — an unnotarized deed typically cannot be recorded.\n",{"question":425,"answer":426},"Does a quit claim deed transfer a mortgage?","No. A quit claim deed transfers title interest only — it does not affect the underlying mortgage obligation. The original borrower remains legally responsible for the loan unless the lender formally agrees to a loan assumption or refinance. Additionally, most mortgage agreements include a due-on-sale clause that allows the lender to demand full repayment if the property is transferred. Always notify and obtain written consent from the lender before recording a quit claim deed on a mortgaged property.\n",{"question":428,"answer":429},"Can a quit claim deed be reversed or challenged?","A properly executed and recorded quit claim deed is generally difficult to reverse. It can be challenged if the grantor lacked legal capacity (e.g., was a minor or legally incapacitated), signed under duress or fraud, or if the document contained a material legal defect such as a missing or incorrect legal description. To correct errors, a new deed — often called a correction deed or deed of correction — is recorded. Reversing a valid transfer typically requires a court order or a new quit claim deed from the grantee back to the grantor.\n",{"question":431,"answer":432},"Are there tax consequences to recording a quit claim deed?","Yes, potentially several. First, most states and counties impose a documentary transfer tax, which may be calculated on the stated consideration or on fair market value regardless of what was paid. Second, transferring property as a gift triggers IRS gift-tax reporting if the fair market value exceeds the annual exclusion ($18,000 per recipient in 2024). Third, if the property has appreciated, the grantee inherits the grantor's cost basis in a gift transfer — potentially creating a larger capital gains tax liability on a future sale. Consult a tax professional before completing the deed in any situation involving significant property value.\n",{"question":434,"answer":435},"How long does it take to record a quit claim deed?","Recording time varies by county. Many recorder's offices process walk-in or mail submissions within 1–5 business days and return the original stamped deed within 2–4 weeks by mail. Counties offering e-recording typically process submissions within 24–48 hours. The legal transfer is effective on the date the deed is accepted for recording, not the date the grantor signed — so submitting promptly protects the grantee's priority in the public record.\n",{"question":437,"answer":438},"Do I need a lawyer to prepare a quit claim deed?","For straightforward family transfers in a jurisdiction with clear requirements, a professionally drafted template is often sufficient. Legal counsel is strongly recommended when the property carries a mortgage, the transfer has tax implications above the annual gift exclusion, the parties are involved in a divorce proceeding where the deed is part of a settlement, or the property is in a state with complex deed-recording requirements such as New York or Florida. A real estate attorney typically charges $200–$600 to prepare and review a quit claim deed.\n",{"question":440,"answer":441},"What happens if a quit claim deed is never recorded?","An unrecorded quit claim deed is still valid between the grantor and grantee — the transfer technically occurs at the moment of signing and delivery. However, under the recording acts of most US states, an unrecorded deed does not protect the grantee against a subsequent purchaser or creditor who records first without notice of the prior transfer. Failing to record promptly creates real risk that a third party could obtain superior title simply by recording before you do.\n",[443,447,451,455],{"industry":444,"icon_asset_id":445,"specifics":446},"Real estate investment","industry-real-estate","Investors regularly use quit claim deeds to transfer rental properties and fix-and-flip assets from personal ownership into LLCs, reducing personal liability exposure without triggering a formal sale.",{"industry":448,"icon_asset_id":449,"specifics":450},"Estate planning and probate","industry-professional-services","Estate attorneys use quit claim deeds to convey real property from a decedent's estate or probate proceeding directly to named heirs, or to fund assets into revocable living trusts before or after death.",{"industry":452,"icon_asset_id":453,"specifics":454},"Family law and divorce","industry-legal","Divorce proceedings frequently require a quit claim deed to transfer one spouse's interest to the other pursuant to a marital settlement agreement — the deed implements the court's property division order.",{"industry":456,"icon_asset_id":457,"specifics":458},"Small business and LLC formation","industry-small-business","Business owners transferring commercially held real property between entities — from a sole proprietorship or partnership into an LLC — use quit claim deeds to update title without a formal sale transaction.",[460,463,466,469],{"vs":236,"vs_template_id":461,"summary":462},"D{GENERAL_WARRANTY_DEED_ID}","A general warranty deed includes the grantor's binding guarantee that title is clear and unencumbered, and that the grantor will defend the grantee against any future claims — even those arising before the grantor's ownership. It is the standard instrument for arm's-length property sales. A quit claim deed makes no such warranty and is unsuitable where the buyer requires insurable title.",{"vs":240,"vs_template_id":464,"summary":465},"D{SPECIAL_WARRANTY_DEED_ID}","A special warranty deed provides a limited warranty covering only defects that arose during the grantor's period of ownership — not prior in the chain of title. It is commonly used in commercial transactions and foreclosure sales. A quit claim deed provides no warranty at all, making it appropriate only for transfers between parties who trust each other or where the grantee explicitly waives any title guarantee.",{"vs":243,"vs_template_id":467,"summary":468},"D{TRANSFER_ON_DEATH_DEED_ID}","A transfer on death deed (TODD) conveys property to a named beneficiary automatically upon the grantor's death, bypassing probate, while the grantor retains full ownership and control during their lifetime. A quit claim deed transfers the interest immediately upon execution and recording. Use a TODD for estate planning; use a quit claim deed for a present, immediate transfer.",{"vs":247,"vs_template_id":470,"summary":471},"D{DEED_OF_TRUST_ID}","A deed of trust is a lending instrument used as security for a mortgage loan, conveying title to a neutral trustee until the loan is repaid — not a voluntary property transfer between owners. A quit claim deed transfers the grantor's ownership interest to the grantee outright. The two documents serve entirely different functions and should never be substituted for each other.",{"use_template":473,"template_plus_review":477,"custom_drafted":481},{"best_for":474,"cost":475,"time":476},"Straightforward intra-family transfers or LLC conveyances on unencumbered property in a state with standard recording requirements","Free","30–60 minutes to prepare; 1–5 days to record",{"best_for":478,"cost":479,"time":480},"Transfers involving gift-tax exposure, mortgaged property, or states with complex deed requirements such as New York, Florida, or Texas","$200–$600 for a real estate attorney review","2–5 business days",{"best_for":482,"cost":483,"time":484},"Divorce settlements, contested estate transfers, commercial property with multiple vested parties, or cross-border real property holdings","$600–$2,000+","1–2 weeks",[486,491,496,501],{"code":487,"name":488,"flag_asset_id":489,"note":490},"us","United States","flag-us","Quit claim deed requirements vary significantly by state. Most states require notarization and recording with the county recorder; some (including Florida and Georgia) also require one or two witnesses. California imposes a documentary transfer tax calculated on fair market value, not stated consideration, and requires a Preliminary Change of Ownership Report (PCOR) at recording. New York requires a TP-584 transfer tax form and, in New York City, an RPTT filing. Always check your specific state and county requirements before submitting.",{"code":492,"name":493,"flag_asset_id":494,"note":495},"ca","Canada","flag-ca","Canada does not use the term 'quit claim deed' — the equivalent instrument is a Transfer of Land (or Deed of Land in some provinces), filed with the provincial land registry. In Ontario, transfers are registered electronically through the Teraview system by a licensed solicitor. British Columbia uses a Property Transfer Form submitted to the Land Title Office. Land transfer tax applies in most provinces, and the transfer must comply with each province's Land Titles Act or Registry Act.",{"code":497,"name":498,"flag_asset_id":499,"note":500},"uk","United Kingdom","flag-uk","England and Wales do not use quit claim deeds. Property is transferred using a Transfer of Whole (TR1) or Transfer of Part (TP1) form registered with HM Land Registry. Stamp Duty Land Tax (SDLT) may apply in England and Northern Ireland; Land Transaction Tax applies in Wales; Land and Buildings Transaction Tax applies in Scotland. Scotland uses a Disposition rather than a TR1. Legal conveyancing in the UK is typically handled by a solicitor or licensed conveyancer.",{"code":502,"name":503,"flag_asset_id":504,"note":505},"eu","European Union","flag-eu","EU member states have highly varied real property transfer systems, and the concept of a quit claim deed has no direct equivalent. Most countries require notarial authentication by a public notary (notaire in France, Notar in Germany) and registration with the relevant land register (cadastre, Grundbuch). Transfer taxes, notary fees, and registration fees vary widely — for example, French notary fees and taxes can total 7–8% of property value. Cross-border EU property transfers should always involve local legal counsel in the property's jurisdiction.",[507,508,509,510,511,512,513,514,515,516,517,518],"real-estate-purchase-agreement-D13234","exclusive-lease-agreement-D12808","offer-to-purchase-real-estate-property-D1190","property-management-agreement-D1196","proxy-revocable-D20","last-will-and-testament---married-with-children-D12557","general-power-of-attorney-D1037","bill-of-sale-D1229","non-disclosure-agreement-nda-D12692","partnership-agreement-D12551","llc-operating-agreement-D5209","independent-contractor-agreement-D160",{"emit_how_to":203,"emit_defined_term":203},{"primary_folder":97,"secondary_folder":521,"document_type":522,"industry":523,"business_stage":524,"tags":525,"confidence":530},"real-estate-and-leases","agreement","real-estate","all-stages",[523,526,527,528,529],"legal","quit-claim-deed","property-transfer","deed",0.95,"\u003Ch2>What is a Quit Claim Deed?\u003C/h2>\n\u003Cp>A \u003Cstrong>Quit Claim Deed\u003C/strong> is a legal instrument used to transfer whatever ownership interest a grantor currently holds in a piece of real property to a grantee — without providing any warranty or guarantee about the quality, extent, or freedom from encumbrances of that title. Unlike a general warranty deed, the grantor makes no promise that the title is clear, that no liens exist, or even that they own what they are transferring. The grantee accepts whatever interest the grantor happens to hold, which may be full fee-simple ownership, a fractional share, a life estate, or nothing at all. Because of this, quit claim deeds are typically used between parties who already have a relationship of trust — family members, divorcing spouses, business partners, or an individual and their own LLC or trust — rather than in arm's-length sales to unrelated buyers.\u003C/p>\n\u003Ch2>Why You Need This Document\u003C/h2>\n\u003Cp>Without a properly executed and recorded quit claim deed, a property interest transfer has no standing in the public record — leaving both parties exposed. The grantor may continue to be liable for property taxes, HOA assessments, and mortgage obligations on property they believed they had transferred. The grantee holds no documented title and cannot sell, refinance, or insure the property. In estate and divorce contexts specifically, the absence of a recorded deed forces expensive court proceedings to establish ownership that a simple, correctly prepared deed would have resolved in days. This template gives you the professionally structured framework — with every required clause, the proper conveyance language, and the notarization and recording blocks recorders expect — so you can complete the transfer correctly the first time and protect both parties' interests in the public record.\u003C/p>\n",1781186042370]