Fill and Sign the Quitclaim Deed from Husband and Wife to Husband Wife and an Individual District of Columbia Form

© 2016 - U.S. Legal Forms, Inc.       DISTRICT OF COLUMBIA QUITCLAIM DEED [Husband and Wife to Husband, Wife and an Individual] Control Number: DC - 03 - 77 I. TIPS ON COMPLETING THE FORMS The form(s) in this packet may contain “form fields” created using Microsoft Word or Adobe Acrobat (“.pdf” format). “Form fields” facilitate completion of the forms using your computer. They do not limit your ability to print the form “in blank” and complete with a typewriter or by hand. It is also helpful to be able to see the location of the form fields. Go to the View menu, click on Toolbars, and then select Forms. This will open the Forms toolbar. Look for the button on the Forms toolbar that resembles a shaded letter “a”. Click this button and the form fields will be visible. By clicking on the appropriate form field, you will be able to enter the needed information. In some instances, the form field and the line will disappear after information is entered. In other cases, it will not. The form was created to function in this manner. II. Form and Exemptions from Recordation Tax and Transfer Tax: Form for recordation and transfer tax: http://otr.cfo.dc.gov/node/393182 Exemptions - Recordation: http://otr.cfo.dc.gov/node/393242 Exemptions - Transfer Tax: http://otr.cfo.dc.gov/node/393252 III. DESIGNATING HOW THE GRANTEES WILL HOLD THE PROPERTY: A. In the District of Columbia, real property can be held by more than one person (concurrent estates) in the following ways: 1. If the Grantees ARE NOT married to each other, they can hold the property as: a. Tenants in Common: a type of concurrent estate in which each party owns an undivided interest in the property that will pass to their heirs when the tenant in common dies. Generally their shares are “equal” but may differ in size. b. Joint Tenants with the Right of Survivorship ( JTWROS) : is a type of concurrent estate in which co-owners have a right of survivorship , meaning that if one owner dies, that owner's interest in the property will pass to the surviving owner or owners by operation of law, and avoiding probate. 2. If the Grantees ARE married to each other, they can hold the property as: a. Tenants in Common – See above b. Joint Tenants with the Right of Survivorship – See above c. Tenants by the Entirety - a type of concurrent estate formerly available only to married couples, where ownership of property is treated as though the couple were a single legal person. Like a JTWROS, the tenancy by the entirety also encompasses a right of survivorship, so if one spouse dies, the entire interest in the property passes to the surviving spouse, without going through probate. 3. In the attached deed, the preparer will need to indicate how the Grantees will hold the property: as Tenants in Common; Joint Tenants with Right of Survivorship; or, Tenants by the Entirety. B. For additional information on the above see the definitions at: http://lawdigest.uslegal.com/ C. For example: “. . . as tenants in common , . . . ” OR “. . . as tenants by the entireties , . . . ” OR “. . . as joint tenants with the right of survivorship and not as tenants in common . ” IV. DISCLAIMER These materials were developed by U.S. Legal Forms, Inc. based upon statutes and forms for the District of Columbia. All information and Forms are subject to this Disclaimer: All forms in this package are provided without any warranty, express or implied, as to their legal effect and completeness. Please use at your own risk. If you have a serious legal problem, we suggest that you consult an attorney in your state. U.S. Legal Forms, Inc. does not provide legal advice. 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File No.:       THIS INSTRUMENT PREPARED BY AND, AFTER RECORDING, RETURN TO : NAME       ADDR.             QUITCLAIM DEED (Husband and Wife to Husband, Wife and an In dividual) THIS DEED , made this       day of       , 20       , by and between: GRANTORS:       and       , husband and wife, and GRANTEES:       ,       , husband and wife, and       , an individual, hereinafter Grantees. WITNESSETH , that for and in consideration of the sum of $       , (       Dollars), the said Grantors do QUITCLAIM unto the Grantees, as joint tenants with the right of survivorship , the following described land and premises, with the improvements, easements and appurtenances thereunto belonging, situate, lying and being in the District of Columbia: See Legal Description Attached as Exhibit A incorporated by reference as though set forth in full Legal Description:       Quitclaim Deed Page 1 of 2 WITNESS the Grantor’s hand and seals on the day and year first hereinbefore written. Signed, sealed and delivered in the presence of: Witness Signature of Grantor       Witness Type or Print Full Name District of Columbia This instrument was acknowledged before me on this       day of       , 20       by       . Signature of Notary Public NOTARY       SEAL Printed Name of Notary       Commission Expiration Date Witness Signature of Grantor       Witness Type or Print Full Name District of Columbia This instrument was acknowledged before me on this       day of       , 20       by       . Signature of Notary Public NOTARY       SEAL Printed Name of Notary Quitclaim Deed Page 2 of 2       Commission Expiration Date Quitclaim Deed Page 3 of 2 EXHIBIT A Grantors:             Grantee:                   Legal Description:       Quitclaim Deed Exhibit A