We are certified by the Arizona Supreme Court. Fill out the type of consideration. This article covers the difference between the two types of deeds and the process for filing them. Lawyers Title in Show Low, AZ has been dedicated to helping buyers, sellers, and real estate professionals navigate the legal aspects of real estate since 1925. Contact our office today so that we can walk you through the legal document preparation services we offer. According to Arizona Quitclaim Deed, there are three parts. COMMUNITY PROPERTY WITH RIGHT OF SURVIVORSHIP Marriage license and divorce documents must be requested from the But what if you need to change the title on your home? ARIZONA TITLE REQUIREMENTS - NEW HOME PURCHASE. As with a quit claim deed, ownership of a property is transferred from one person to another. This means the currency that changed hands for the purchase of the property. Posted on Jan 29, 2018. We show a summary, not the full legal terms and before applying you should understand the full terms of the offer as stated by the issuer or partner itself. Submit the required documentation and fee payments to the AZ DOT. 11-468) All deeds must be filed with the County Recorders Office. We suggest you contact an attorney or legal advisor for assistance. Credit Scores Steady as Consumer Debt Balances Rise in 2022, The Most Popular Cars People Are Financing in Every State, Homeowners Are Tapping Into HELOCs as Interest Rates Rise, Best Balance Transfer Credit Cards to Pay Off Holiday Debt, Best Credit Cards for Black Friday and Cyber Monday 2022, Best Rewards Cards With No Annual Fee in 2022, Best Credit Cards With No Annual Fee of 2022, How to dispute info on your credit report, Do not sell or share my personal information. If you prefer, you can create your own quitclaim deed from scratch, but you'll need to follow specific state requirements. The title is stored electronically. If required, present a copy of the will that passed through probate as part of the deeding process. The deed, which may be titled a quitclaim deed, grant deed, joint tenancy deed, or warranty deed, should state how the deceased person, and any co-owners, held title to the property. Title could involve a right of survivorship or revocable trust. P.O. If you own a home with your spouse, then you might want to hold the title as community property. Tucson AZ 85710 If you use the legal description from your property tax statement, it may not be complete and it is possible that your quit claim or warranty deed will be rejected by the assessor. A title search is often mistaken for a home inspection. To complete the conveyance, you will need to transfer title to that property to the person taking over ownership. You can choose more than one person or legal entity as your grantee. Give your email address, create a secure password, or use your email account to finish the signup. Mailing Something USPS? ). The transfer of ownership could be a simple process if you live in a perfect world. GALE Legal Forms Database via the Arizona State Library, Archives, The recorder's office will review the document to determine whether it meets Arizona's formatting requirements, but recorders generally do not review the contents of a document to determine whether it is legally sufficient. Please complete the following form and we will follow up with any additional questions. 33-405 which created for the first time in Arizona the use of beneficiary deeds. Don't enter personal info like your SSN, email or phone number. All rights reserved. Learn what it takes to achieve a good credit score. Avoiding probate can save a family $1,500 to $3,000 or more in legal fees. To ensure you transfer everything the right way, you need legal help. REOPENED STARTING MONDAY, JAN. 23 Office Hours Usually at the top of the forms are two sections, one side for the recorders use and the other for the return address. This is a simple paperwork change, sometimes called a quitclaim deed, and will probably cost around $1,000 or so. Probably not, but, if it does my hat goes off to you. Quick Summary: Arizona Disclaimer Deed. General Warranty Conveys property from a seller to a buyer with a warranty of title. Shari has the knowledge and ability to do everything that I have asked for at a fraction of the price that you would pay for an attorney. If your spouse's name is on the deed, but not the mortgage, again, that . You can also contact our office directly for an in-person appointment or consultation. (Map) This is now public record and Grantee is the new owner of the property. The bottom part is for the notary. Now it could raise your credit scores instantly. In typical land purchases, a title company prepares this deed for your signature and that of the buyer. Tucson AZ 85702-3145 Detroit, MI 48226-1906, (888) 474-0404; AZ: 1 N. Central Ave., Ste. To transfer title, you will need to prepare a deed, execute that deed, and record it. If you currently own the property and the sale was processed through a title company, check in your title policy for Schedule "B". Conduct a physical inspection of the motor vehicle, if needed. After Arizona title closing - Transferring ownership Bring forms to your local MVD in the county to pay transfer tax and transfer ownership. How much available credit should you have? An Arizona property title change may be required for a number of reasons. Tucson AZ 85701 That's the document that transfers title to the property from you, the trustee, to the new owner. A quitclaim deed is used to relinquish interest by an owner, perhaps in a short sale. Parents might use a quit claim deed when transferring property to their children. A few years go by, and now there is a couple of children added to the mix. (520) 724-4350, Office Hours Many people choose to have their home included in a living trust. A beneficiary deed allows for the avoidance of probate. They are one of the most commonly used deeds. eTitle Transfer allows qualified sellers and buyers to transfer vehicle ownership electronically. Our ARIZONA QUITCLAIM DEED may be used legally to transfer Arizona real property rights to another person or legal entity. Community property is an estate of co-ownership between married persons only. When you buy a vehicle, Arizona law requires that youapply for a titlewithin 15 days of purchase or a penalty may be assessed. When using the warranty deed or quit claim deed you also need to specify the exemption you are using that will allow you to file a deed when no money has changed hands. Phoenix, AZ 85003 Phone: 602.506.7353 Convey Real Property Using Deeds See A.R.S. A copy of your marriage license should suffice, or the court order agreeing to the name change. First, decide how you would like to hold the title. The middle of the form contains the legal jargon including the description of the property, name of parties involved and dates. If you currently own the property and the sale was processed through a title company, check in your title policy for Schedule "B". Community property is available only to married couples. Posts reflect Experian policy at the time of writing. We apologize for any inconvenience this may cause. When Would You Need to Change Title on Your Homes Deed? This article covers the difference between the two types of deeds and the process for filing them. If you have paid off your mortgage, you can check our Special Warranty Provides transfer of interest held by the seller in the property and does not warrant against any previous claims. Box 3145 Tucson AZ 85702-3145 . You would have received your deed when you purchased your home. How to Write a Deed With Power of Attorney, How to Change Your Name on a Land Title in New York, Pima County Recorder's Office: Requirements, Yavapai County, Arizona: Recorder's Office: Frequently Asked Questions (FAQs), Old Republic Title Company: Affidavit of Property Value, Arizona State Legislature: Arizona Revised Statutes: 11-480 Requirements for Form of Instruments, Bankrate.com: Understanding Quitclaim, Warranty Deeds on Property. 222 E. Javelina, Mesa. When you title or register a vehicle in Arizona, your title information is stored electronically and you no longer automatically receive a paper title. The information presented at this site should not be construed to be legal advice. Title to real property can be held in joint tenancy by two or more individuals either married or unmarried. Well, now that we know how an ARIZONA QUITCLAIM DEED is used, lets explore some possible reasons why we would want to use it. Read More: How to Transfer a Property Deed in Arizona. Once you have decided which type of deed you want to use to transfer ownership to property, youll need to gather some information to get started on the process with AZ Statewide Paralegal. Address, Phone Number, and Fax Number for Yavapai County Recorder of Deeds, a Recorder Of Deeds, at Fair Street, Prescott AZ. When you use a warranty deed, you are guaranteeing that no one else has any legal interest or right to the property. Steps to Take if You Are the Victim of Credit Card Fraud. (Also, Arizona law requires that the names and addresses of the trust beneficiaries are disclosed when transferring property into or out of a trust.). Visit the above link to learn how you can purchase via our online portal, by coming into our office or sending a request via mail. 33-401) All deeds must be signed in the presence of a notary public. Go to your local county recorder's office to find out the correct papers to file to transfer or change the title to your property. Arizona quitclaim deed means exactly what it implies. was attorney-designed to meet the requirements of Arizona law. In addition, there may be specific requirements set down by each county recorders office. LIMITED PARTNERSHIP The grantor is the person or persons who owns the property. We are the real estate industrys most trusted resource for the preparation of real estate legal documents. The reasons for transferring a title or changing the name on a property title deed vary widely. Additional fees apply. The deed to your property specifies the type of ownership you have. The deed is the legal ownership document that's on file with the government, whereas the mortgage is a loan through a lender. If you change your name as part of the Dissolution of Marriage (divorce), you need to get a certified copy of the Decree from the Clerk of the Court. The legal description will be on the current title deed. so much for privacy. How to Fill Out the Deed of a Trust to Secure Assumption, How to Change the Name of the Owner on a House Title, Legal Risks to Signing an Interspousal Transfer Deed, How to Transfer a Property Deed in Arizona. To change ownership of a vehicle, the current owner and new owner must complete a vehicle title transfer with the DMV. We have enough information on this site to guide you through every inch of the way. When you, as a property owner, want to transfer your ownership interest, or part of it, to someone else, you must use a deed to officially give the property to its new owner. 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