Quitclaim Deed Form In Tennessee

By Author: Carl Glendon
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Can You Use a Quitclaim Deed to Add Someone to Your House Title in Tennessee

While transfer of ownership of real estate and property, it is necessary to execute proper legal documents to make clear the ownership. A single mistake can cause many complication in future and even loss of property ownership.  The safest way of transferring the ownership is quitclaim deed form in Tennessee. It is a legal document used to transfer real estate ownership from one person or entity who is called the grantor to another called the grantee. Also there is no warranties or guarantees in the about title.

When this deed is executed, one party who is the grantor is allowed to give up or relinquish all its right, title, and interest in a particular piece of real estate to the other party known as the grantee.

Key Characteristics

No Title ...
... Guarantees: The protection and promise of free of liens, mortgages, or other claims is absent. The parties involved in the transfer accept the property as it is.
Common Uses: This deed is popular between family members and people who trust each other. When the transfer is between them, it is usually in the form of gift. This deed is also executed in case of spouses dividing property during a divorce, or when names are added to an existing deed.
Grantor and Grantee: The two parties in the deed are grantor and grantee. Grantor is the current owner who is giving up the rights, and the "grantee" is the one who receive it.

Quitclaim deed to add someone to a house title

Many parties to the real estate transfer dealings desire to add names for house title but they are not sure whether it is allowed. The answer to it is yes. One can use a quitclaim deed when there is need to add someone name in the house title in Tennessee. The process of the same can be understood in the following manner.

Get the current deed: The first thing is to get the existing deed to add the legal description of the property as it is.
Draft the new deed: New draft is then drafted naming the person as the grantor who is supposed to be the one giving the interest and other as the grantees as the people receiving the interest.
Selection of ownership type: In the next step one is required to make a decision how to hold the title, whetheras joint tenants with right of survivorship or tenants in common.
Authentication of the document: It is also called notary where signature in the deed is done in front of a notary public along with two witnesses.
Recording the deed: Filing the signed document with the Register of Deeds in the Tennessee in the property location.

Author Bio:-

Carl often writes about legal drafting, legal documents, legal forms, and legal agreements to help people who need them. You can find his thoughts at quitclaim deed template blog.