Be in writing. Be signed by the grantor in the presence of a notary public. The grantor is the current owner of the property — the person selling or giving away his title. Your name and address.
The grantee's buyer name and address. Arizona county where the property is located. The price in dollars if money is changing hands — write this in words and numbers. References Arizona Revised Statutes: Title If your use of the quitclaim deed is part of a transaction in which there is more than a nominal payment or other consideration, you must prepare and file an affidavit of property value along with the quitclaim deed, which assists the county assessor in valuing the property for property tax purposes.
You can choose more than one person or legal entity as your grantee. You will also need to choose how the grantees will hold title to the property. You can choose as sole and separate property, joint tenancy with the right of survivorship, tenants in common, or community property with right of survivorship as long as the grantees are a married couple. 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.
According to the Arizona Revised Statues ARS , the county recorder shall refuse to record any deed and any contract relating to the sale of real property if a complete affidavit of legal value is not appended unless the instrument bears a notation indicating an exemption.
In all, Arizona law has over 14 exemptions listed that do not require you to complete an affidavit of legal value when filing your warranty or quit claim deed.
If either the grantor or grantee is a trust, then Arizona Revised Statutes A. S requires that the names and addresses of the beneficiaries and the names of the trustees are disclosed on the deed. AZ Statewide Paralegal offers the convenience of submitting all of this information online. We use a secure online system that allows you to complete all the steps necessary for us to prepare your quit claim or warranty deed. Once we have received all of your information, we will prepare the deed for your signature.
Because you must sign as the grantor in front of a notary, we offer in-office signing in Tucson, Phoenix, and Mesa. We have experience in all counties in Arizona, and we will ensure the correct process is followed.
You can also contact our office directly for an in-person appointment or consultation. We are certified by the Arizona Supreme Court for legal document preparation. Joint tenancy with the right of survivorship is when two or more people have ownership of the property and when one of the owners dies, the property right transfers directly to the other owner who is still alive.
Tenancy in common is when two or more individuals own property but each owner has a separate interest in the property with no right of survivorship. Community property is available only to individuals who are married to each other. They each own an undivided half interest in the property. Community property with the right of survivorship is also only available to individuals married to each other.
When one spouse dies, the other spouse is entitled to both halves of the property. With a beneficiary deed, the owner records a deed that conveys the property when he or she dies to whomever is named as the beneficiary in the deed. Quit claim deeds are most often used to transfer property rights between family members. For example, a quit claim deed might be used in a divorce where one spouse receives the family home as part of the divorce property settlement.
Parents might use a quit claim deed when transferring property to their children. When getting remarried, a spouse might use a quit claim deed to add the new spouse to the property title. Quit claim deeds are also used when setting up a living trust. Warranty deeds are most often used in a sale of a home between two unrelated parties.
It is also one of the most commonly used deeds. A warranty deed is preferred by most title companies over a quit claim deed especially when refinancing a loan. We will need to get all of your information, including how to contact you. If you have a copy of the most recent deed it is helpful as we need to provide the proper legal description. The information you provide should be from the most recently recorded deed.
We can only accept credit cards for an in-person transaction, not over the phone or through the mail. Please note: Checks must be pre-printed with your name and address.
For example: warranty deed, deed of trust, etc. If an exemption is being claimed, the exemption code needs to be listed on the face of the deed.
The list of codes can be found on the back of the form, which is available on the Arizona Department of Revenue webpage. The font size should be at least 10 point. Box , Fairlawn, OH Arizona - Pima County Recorder Information The recorder's office is responsible for maintaining real property documents.
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