Blank Quitclaim Deed Form for Wisconsin State Fill Out Your Document

Blank Quitclaim Deed Form for Wisconsin State

A Wisconsin Quitclaim Deed is a legal document used to transfer ownership of real estate from one party to another without any warranties or guarantees about the property’s title. This form provides a straightforward way for individuals to convey their interest in a property, whether for personal reasons or as part of a larger transaction. For those considering this option, filling out the form is an important step; click the button below to get started.

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Document Overview

Fact Name Description
Definition A quitclaim deed is a legal document that transfers ownership of property from one party to another without any guarantees about the title.
Purpose It is often used to transfer property between family members or to clear up title issues.
Governing Laws In Wisconsin, quitclaim deeds are governed by Chapter 706 of the Wisconsin Statutes.
Requirements The form must be signed by the grantor (the person transferring the property) and should be notarized to be valid.
Recording To ensure public notice of the transfer, the quitclaim deed must be recorded with the county register of deeds.
Tax Implications There may be tax implications associated with the transfer, so consulting a tax professional is advisable.
Limitations A quitclaim deed does not guarantee that the property is free of liens or other claims, which can be a significant risk for the grantee.

Discover More Quitclaim Deed Templates for Specific States

Documents used along the form

The Wisconsin Quitclaim Deed is a legal document used to transfer ownership of real property from one party to another. When preparing for a property transfer, several other forms and documents may be necessary to ensure a smooth transaction. Below is a list of common documents that are often used in conjunction with the Quitclaim Deed in Wisconsin.

  • Title Search Report: This document provides a comprehensive history of the property’s title, revealing any liens, encumbrances, or ownership disputes that may exist.
  • Property Transfer Form: Required by the Wisconsin Department of Revenue, this form is used to report the transfer of property for tax purposes.
  • Affidavit of Property Value: This affidavit is typically submitted alongside the property transfer form to declare the fair market value of the property being transferred.
  • Real Estate Transfer Fee Worksheet: This worksheet helps calculate any transfer fees that may be due upon the transfer of the property.
  • Power of Attorney: In cases where the property owner cannot be present to sign the Quitclaim Deed, a Power of Attorney allows another individual to act on their behalf.
  • Mortgage Documents: If there is an existing mortgage on the property, these documents may need to be reviewed or modified as part of the transfer process.
  • Title Insurance Policy: This insurance protects the buyer against potential issues with the title that may arise after the transfer is complete.
  • Settlement Statement: Also known as a closing statement, this document outlines all financial transactions related to the property transfer, including fees and credits.
  • Homeowner’s Association Documents: If the property is part of a homeowner’s association, these documents provide details about the association’s rules and regulations.
  • Deed Restrictions: Any limitations or conditions placed on the property that may affect its use should be documented and disclosed during the transfer process.

Understanding the various forms and documents associated with the Wisconsin Quitclaim Deed can facilitate a more efficient property transfer process. Each document plays a crucial role in ensuring that the transaction is legally sound and that all parties are adequately informed of their rights and responsibilities.

Document Sample

Wisconsin Quitclaim Deed Template

This Quitclaim Deed is made pursuant to the laws of the State of Wisconsin. This document allows the Grantor to transfer their interest in the specified property to the Grantee without any warranties concerning the title.

Grantor Information:

  • Name: ____________________________
  • Address: ____________________________
  • City: ____________________________
  • State: ____________________________
  • Zip Code: ____________________________

Grantee Information:

  • Name: ____________________________
  • Address: ____________________________
  • City: ____________________________
  • State: ____________________________
  • Zip Code: ____________________________

Property Description:

This Quitclaim Deed conveys interest in the following property located in the County of ____________________________, Wisconsin:

Legal Description: ________________________________________________________

Tax Parcel Number: ________________________________________________________

For and in consideration of the sum of $__________________, the Grantor hereby quitclaims to the Grantee all the interest the Grantor has in the above-described property.

Date of Transfer: ____________________________

Grantor Signature: ____________________________

Print Name: ____________________________

State of Wisconsin

County of ____________________________

On this _____ day of ____________, 20___, before me, a Notary Public in and for said County, personally appeared ____________________________, known to me to be the person who executed the foregoing Quitclaim Deed and acknowledged that he/she executed the same voluntarily for the purposes therein expressed.

Witness my hand and official seal.

_________________________

Notary Public

My Commission Expires: ____________________________