What You Should Know About Quitclaims
A quitclaim deed is a legal instrument that conveys a grantor’s interest in real property to another party. The grantor does not warrant that they have clear title to the property. Rather, the grantor merely conveys whatever legal interest they have in the property and “quits” their interest in the property.
At Korshak & Associates, P.A., we have helped many clients who have required legal services in matters pertaining to quitclaim deeds, including those involving quitclaim deeds for timeshares and condos. If you require assistance with a quitclaim deed, we encourage you to contact our law office in Florida.
Quitclaim Deeds And Property Transfers For Timeshares And Condos
Transferring timeshares, condos and other property to another party can be a complex process. It often requires a great deal of documentation, such as a quitclaim deed that may be extremely legally dense. Having a lawyer on your side who has experience handling quitclaim deeds and property transfers can be very beneficial and help you move through the process more efficiently. The repercussions of a quit claim deed can be dire if it isn’t constructed properly.
Quitclaim Deeds As Part Of An Estate Plan
It is common for individuals to structure their estate plans in a way that passes property to their heirs and beneficiaries. It may be to your benefit to have a quitclaim deed in place or utilize a quitclaim deed as part of an estate plan. Since we have an extensive background in handling quitclaim deeds for timeshares and condos and estate planning matters, we have a unique insight into how to handle both of these types of issues together.
Why Hire Us
Some law firms say that they will handle your quitclaim deed for the cheapest prices in town. Why? So they can churn out as many of these cases as possible. At Korshak & Associates, P.A., we believe in quality and personalized legal services at a fair cost. You can trust that we will take the time to understand your legal goals and patiently answer your questions so that you can feel confident that your matter was handled correctly.
There are consequences to having an improper quitclaim deed. If a quitclaim deed is done incorrectly, it creates a cloud on your title, causing an even greater problem. Do not settle for the firm offering the lowest price or online do-it-yourself services. Having professionals like us properly prepare your quitclaim deeds does not cost that much more, either. Find out why clients have trusted us with their quitclaim deeds for nearly 40 years. Contact Korshak & Associates, P.A., today.
How Can We Help?
Do you need an attorney to prepare a quitclaim deed? Are you trying to add or remove someone from a deed? Do you wish to gift a piece of property to a friend or relative?
We are pleased to assist with these and other real estate matters. We offer a full-service real estate practice for the benefit of our clients. We can make sure that your quitclaim deed is properly prepared and help you understand your options.
Quitclaim deeds are often used by individuals as part of an estate plan. If you require assistance with a quitclaim deed or another estate planning matter, we are pleased to offer our assistance. If a loved one has passed and you have a question about a quitclaim deed, an experienced probate lawyer from our firm can provide assistance.
There are many legal applications for quitclaim deeds. A divorce or timeshare property between family or friends may also necessitate a quitclaim deed. They are tools, and our legal team knows how to use them.
Frequently Asked Questions On Quitclaims Deeds
Navigating property ownership can sometimes be complicated, especially when life changes bring new circumstances. Whether you are making changes due to personal milestones, legal transitions or planning for the future, understanding how to manage your property deeds is crucial. Let us explore some common scenarios where quitclaim deeds might come into play and how they can be utilized effectively.
I’m trans, and I’ve changed my name. Do I need to get a quitclaim deed?
If you have legally changed your name, updating property records to reflect this change is crucial for legal clarity and future transactions. While a quitclaim deed can be used to transfer your ownership under your new name, it is not the only or the best option.
In Florida, there are streamlined procedures for name changes on property titles, which may not require a quitclaim deed. These procedures involve submitting a certified copy of your name change order to the county recorder’s office where the property is located.
However, using a quitclaim deed can ensure the title is updated properly, reflecting your new name and maintaining a clear chain of title.
Will a quitclaim deed be necessary if I want to add my adult children as property owners?
Yes, a quitclaim deed can be an effective tool to add your adult children as co-owners of your property. This type of deed allows you to transfer your ownership interest (or a portion of it) to your children without warranty of title.
It’s a straightforward process that involves drafting the quitclaim deed, signing it in the presence of a notary, and recording it with the county recorder’s office. However, there are several considerations to keep in mind. Adding your children as owners could have tax implications and give your children legal rights to the property, which can complicate future decisions or sales.
How can I transfer ownership of my property to someone else?
To transfer ownership of your property, you can use various types of deeds, with the quitclaim deed being one of the simplest and most commonly used. A quitclaim deed transfers your interest in the property without warranties regarding the title.
This means you are not guaranteeing the title is free from defects. Other options include warranty deeds, which guarantee the title’s status, offering more protection to the new owner.
Reach Out To Our Team To Learn More
With an office in Casselberry, we represent clients throughout Florida in real estate, estate planning and probate matters. To speak with a residential quitclaim deeds attorney at Korshak & Associates, call 888-681-4389. You may also contact us by email.