
Arkansas Quitclaim Deed from Individual to US Legal Forms


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People also ask
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How to file a quit claim deed in Arkansas?
How to File a Quitclaim Deed in Arkansas Step 1: Obtain the Original Property Title. Step 2: Fill Out the Quitclaim Deed Form. Step 3: Complete the Tax Assessment Affidavit of Compliance. Step 4: Sign the Form With a Notary. Step 5: Submit the Forms and Appropriate Payments.
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How much is a quitclaim deed in Arkansas?
A quitclaim deed must be submitted to the county recorder's office in the county where the property is located. Per Ark. Code § 21-6-306, the recording fees for a quitclaim deed are $15 for the first one-sided page and $5 for each additional page.
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What is the statute for quitclaim deeds in Arkansas?
Code § 18-12-203: Arkansas quitclaim deeds require the grantor to sign in front of a notary public. Recording Requirements: Ark. Code § 14-15-404: All quitclaim deeds in the state must be submitted to the office of the County Recorder Circuit Clerk for filing. The office will charge a recording or filing fee.
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What is required for a quit claim deed in Arkansas?
This deed must be signed, signNowd, and recorded in the county where the property is located. Some counties have more than one recording office, so you need to be sure this deed is being recorded in the correct recording office. Must list the name and address of the person who prepared this deed.
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Does a quitclaim deed have to be signNowd in Arkansas?
This deed must be signed, signNowd, and recorded in the county where the property is located.
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What are the disadvantages of a quit claim deed?
Quitclaim deeds lack certain protections and promises found in other types of deed to real property. Because of this, they should only be used under certain circumstances. These include transferring real estate between close family members—for instance, from a parent to a child.
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What is the deed transfer tax in Arkansas?
The Real Property Transfer Tax is levied on each deed, instrument, or writing by which any lands, tenements, or other realty sold shall be granted, assigned, transferred, or otherwise conveyed. The tax rate is $3.30 per $1,000 of actual consideration on transactions that exceed $100.
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Is a quit claim deed OK?
Using a quitclaim deed can expedite transfer of ownership when there is no actual monetary sale taking place, and provide adequate protections within a family or between known parties. Keep in mind that this type of deed does not guarantee that the grantor has full legal ownership of the property for sale.
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