Quitclaim Deed Two Individuals to One Individual Utah Form
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People also ask
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Does a quitclaim deed affect the mortgage?
In some instances, however, quitclaim deeds are used when the grantor has a mortgage. In this case, the grantor remains liable for the mortgage even after ownership has been transferred through the execution of a quitclaim deed. Quitclaim deeds transfer title but do not affect mortgages.
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How much does it cost to file a quitclaim deed in Utah?
These fees vary from county to county, but the standard is $40 per instrument with no page limit (Utah Code § 17-21-18.5(1)(b)). Double-check that your quitclaim deed abides by the formatting requirements specified by Utah state law.
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What is the purpose of a quit claim deed?
A quitclaim deed transfers the title of a property from one person to another, with little to no buyer protection. The grantor, the person giving away the property, gives their current deed to the grantee, the person receiving the property.
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How do I add a name to a deed in Utah?
How do I add/remove a name to/from my property? All name changes must be done with a recorded document. A title company or an attorney may assist you with these documents.
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What is the difference between a warranty deed and a quit claim deed in Utah?
But unlike a warranty deed and a special warranty deed, which provide certain warranties or guarantees regarding the property's title, a quitclaim deed only transfers whatever interest the grantor may have in the property at the time of the transfer. That interest may be no interest whatsoever.
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What is the quit claim deed law in Utah?
A Utah quit claim deed allows a grantor to transfer property to a grantee even if there is no clear title. The legal description of the property, the names and addresses of the grantor and grantee, the monies due to the grantor, and the signNowd signature of the grantor are the minimum requirements for all counties.
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How does a quit claim deed work in Utah?
But unlike a warranty deed and a special warranty deed, which provide certain warranties or guarantees regarding the property's title, a quitclaim deed only transfers whatever interest the grantor may have in the property at the time of the transfer. That interest may be no interest whatsoever.
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How much does it cost to file a quitclaim deed in Utah?
Filing Fees The recording fee is $40 per instrument with no page limit (Utah Code § 17-21-18.5(1)(b)). If your document contains more than ten descriptions, expect to pay $2 for each additional description.
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