North carolina quit claim deed pdf

Fill out and print a free North Carolina quit claim deed form online in just minutes. Use a warranty deed form in North Carolina to transfer ownership of property between a buyer and seller — especially if you need a guarantee. A North Carolina quit claim deed form is also used during the transfer of property. However, there is no guarantee that the title to the property is clear of all claims.

A North Carolina quit claim deed, in essence, allows the owner of the property to quit ownership and convey that interest to another. A North Carolina quit claim deed form is a popular legal form for family members to gift property. You should use a quit claim deed in North Carolina for fast transfer of property. You should use a North Carolina warranty deed form when you buy property to guarantee that there are no liens or claims to the title.

Preparing a North Carolina quit claim deed is fast and surprisingly easy. Download: Adobe PDF. The following table outlines the recording standards set by the North Carolina Register of Deeds:. All NC quit claim deeds need to be filed at the Registry of Deeds in the same county of the property.

As a general guide, the Associate of Registers of Deeds states that the recording fees are as follows:. Delaware and Louisiana are the only two other states that follow this type of recording statute. In a race recording statute state like North Carolina, the first party to record a conveyance wins.

The Special Warranty Deed is used for that purpose. Additionally, many corporations convey real property by Special Warranty Deed so that any title matters arising before the corporations acquired the property do not result in liability which may affect other corporate assets. The Quit Claim Deed or Non-Warranty Deed is a third deed form that is used in real property transactions — perhaps too often.

Sellers conveying title by Quit Claim Deed provide no warranties or guarantees to purchasers of property, even if the sellers, themselves, caused the title defect which impairs the value or use of the property. Purchasers interested in property to be conveyed by Quit Claim Deed should conduct extensive due diligence before entering into a contract to purchase that property since the seller will not be responsible for the condition of the title.

Quit Claim Deeds typically are used to convey property into and out of family trusts or family business entities and between husbands and wives. The best use of a Quit Claim Deed is between husbands and wives who are terminating a relationship where the intent is that one party will retain the property and the other party will no longer be responsible for any aspect of property ownership.