eSignature Legitimacy for Quitclaim Deed in UAE

How to eSign a document: eSignature legitimacy for Quitclaim Deed in UAE

[Music] take our lead let's help you make your mark our goal is your satisfaction let us show you the way the good news is that though it may not be an attractive option to many buyers you can still sell the property normally the title will still have been transferred to you the quick claim deed affects ownership and the name on the deed but it does not affect the name on the mortgage [Music] take our lead a quick claim deed is indeed proof of ownership that is passed from a granter the existing property owner to a grantee the new property owner that does not have a warranty it also means that the grantor of the quit claim deed cannot be held liable for certain issues [Music] make your mark take our lead a warranty deed contains a guarantee that the grantor has legal title and rights to the real estate a quick claim deed offers little to no protection to the grantee warranty deeds ensure that the grantor has the right to sell the property and guarantees that there are no liens or encumbrances against the land [Music] make your mark take our lead under the gift tax rules the grantor must pay tax on the property through a federal income tax return the recipient of the property is allowed to pay the tax if she agrees to make the payment individuals are allowed an exclusion of thirteen thousand dollars [Music] thank you for watching please subscribe and hit the bell notification