The Georgia Quitclaim Deed Form allows owners to transfer their property ownership rights to another person without providing the “clear name” of the objects. This easy transferral is often used in divorce, death, or any other situations where receiving property does not require additional checkings, and there is no need for the protection of a new buyer.
According to Georgia’s laws, there are no restrictions for filling out the form, and even the person who does not have legal rights on the subjects might complete it.
Requirements and Laws
Georgia Quitclaim Deed Form must be signed by the giver and the receiver. Two witnesses and the notary must be present at the moment of signing. However, the notary can also be one of the witnesses.
The tax fees must be paid for the transfer. According to the Georgia Code, $1 for every $1000 of the property’s cost must be paid out for taxes. Moreover, you would have to pay $25 for filing.
Once the signing process is complete, the document must be transferred for filing in the county of the property’s location. You can also contact the Clerk of the Superior Court for filing.
How to Use a Quitclaim Deed in Georgia
One should use a quitclaim deed if the person giving or receiving is well-known to the other party. Such situations usually happen when ex-spouses give out each other’s properties to the rightful owner. It can also be any other situation where you have a deal with your relatives or close business partners.
A quitclaim deed should only be used when you are completely sure about the other side of the deed. If you want your purchaser rights to be completely safe, it would be better to use a warranty deed. It has more guarantees provided by the grantor, so the grantee can be sure that the other party has full legal ownership rights on the property.
Does getting all the documentation ready sound terrifying? Do not worry; it is not as hard. To prepare the quitclaim deed form in Georgia, use the following steps:
- Decide on the property and concrete interests you want to be transferred.
- Fill out a quitclaim deed template online or print it and fill it out manually.
- State the name of the person filling the form and the county where it is located;
- Specify the date of the form’s creation.
- Present both parties (the grantor and the grantee) with full names.
- Describe the object of the quitclaim deed (the property transferred).
- Provide the grantor’s sign (the sign of the grantee is not necessary).
- Notarize the form.
- Make sure the witnesses sign in as well.
That is all you need for the complete filling out of the document. Later, you must pay all the necessary tax charges to the Georgia Department of Revenue. Without these payments, you would not get your form filed. The quitclaim deed is filed by the Clerk of the Supreme Court in the local county of the property’s placement.
Thus, the Georgia Quitclaim Deed Form is very convenient for those who want to have deals with people they know well and trust much. The document requires less proof of the grantor’s ownership rights, making it easier to trade any property.