Warranty Deed from Corporation to Two Individuals Arkansas Form
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People also ask
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How to transfer property title to family member in Arkansas?
Each grantor must sign the deed in the presence of a notary public for a valid transfer. Transfers in Arkansas require two witness signatures (A.C.A. 18-12-104). All signatures must be original.
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What is the difference between a warranty deed and a quitclaim deed in Arkansas?
A warranty deed transfers the property in its entirety. Warranties and protection – Quitclaim deeds provide zero warranties or protection for the grantee.
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How do I add a name to a deed in Arkansas?
To change, add or remove a name on your deed a new deed needs to be recorded reflecting the change. Many people think they can come into the office and change the present recorded deed with a form, but that is not the case. Once a deed is recorded it cannot be changed.
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How much does it cost to transfer a deed 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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What is a beneficiary deed in Arkansas?
(a)(1)(A) A beneficiary deed is a deed without current tangible consideration that conveys upon the death of the owner an ownership interest in real property other than a leasehold or lien interest to a grantee designated by the owner and that expressly states that the deed is not to take effect until the death of the ...
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How do you transfer land ownership in Arkansas?
In Arkansas, there are a number of different situations in which real property is transferred from one person to another, but they each have one thing in common – a deed. A deed is the legal document which officially transfers ownership of a piece of property. Without a deed, there cannot be an actual transfer.
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Is a quitclaim deed legal in Arkansas?
An Arkansas quitclaim deed allows someone who owns a property (grantor) to transfer ownership of that property to someone else (grantee). The property transfer comes with no promises or guarantees about the property's title or the grantor's right to sell the property.
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What is required on a warranty deed in Arkansas?
All warranty deeds must be signed with two disinterested witnesses (meaning that they cannot be involved with the transaction) along with the grantor(s) in front of a Notary Public.
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