In Alabama, the easiest way to convey real estate ownership is to conclude the Alabama quitclaim deed agreement. The paperwork does not promise a clear title and that the referenced premises are exempt from other claims after the acquisition. Therefore, this free fillable quitclaim deed form is common among family members and people who know each other and the background of the premises rather well.
Still, even strangers can conclude such agreements ignoring the risks. In this case, it is highly recommended that the acquirer checks out as many details of the property under discussion as possible to avoid unfavorable situations after the purchase.
Being a more expeditious method of property transfer, quitclaim covenants are often preferred to warranty deeds. However, both types of fillable deed forms are legitimate and rely on state laws. Follow this review to find more about statutes and terms that conduct the quitclaim procedure.
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Quitclaim agreements do not guarantee a clear title, so the grantee should learn the ownership history and any premises-related issues. However, these agreements are totally lawful and legally binding documents in Alabama. Alabama quitclaim covenant forms are regulated by Chapter 4, Title 35 of the Code. Below are the central requirements that must be followed:
The deed becomes valid only when created and authenticated by the grantor in the presence of a licensed notary public. Alternatively, the grantor can sign the document in the presence of two witnesses. In this case, the preparer should submit both witnesses’ data, including:
The attestation should be conducted in a written manner to verify the process of quitclaim intentions. This condition is determined by § 35-4-20 of the Code of Alabama.
Under § 40-22-1, any Alabama quitclaim covenant must be accompanied and reported together with RT-1 Real Estate Sales Validation Form. This paper is a receipt that establishes the act of purchase and sale, as it contains such inherent data as:
Registration of quitclaim agreements is provided by the County Probate Judge, following § 35-4-50. To file the paperwork correctly, the grantor must complete both the quitclaim agreement and the RT-1 Form mentioned above. Also, the filing payments must be paid.
35-4-271 restricts the use of the words “sell,” “grant,” “bargain,” and allied terms. The parties should preferably use “quitclaim” or “convey”-containing alternatives.
As a matter of convention, Alabama quitclaim covenants are prepared, tailored, and filed by the grantor (or the seller). Therefore, grantees should double-check the property’s background and title to avoid unpleasant disputes after the purchase.
Begin preparing the deed by downloading a valid PDF file. We offer our advanced software to generate an updated template effortlessly. Also, make use of the guidance below while filling out an Alabama quitclaim deed.
Identify the Preparer
Submit the preparer’s name. As a rule, the grantor and the preparer appear to be the same individual. Still, you can designate an agent to complete and authorize the agreement on your behalf. Enter the preparer’s name and mailing address, including the unit and apartment number, street, city, state, and ZIP.
Identify the Recipient
Specify the person who will receive the quitclaim agreement once recorded by the county probation judge. Do not forget to add their email address.
Define the Jurisdiction
Here, you should enter the state name where the premises is located and the covenant is signed.
Specify the Payment Amount
Enter the amount in US dollars; submit the data both in numerals and in words.
Identify the Seller
Include the grantor’s name and living address, stating they have acquired the referenced amount from the purchaser.
Define the Grantee
Submit the buyer’s name and domiciliary address, verifying that they have paid the referenced amount. Also, this section validates that the grantor quitclaims and transfers the property under discussion.
Describe the Real Estate
Indicate the state where the premises is located. The preparer also needs to provide the property’s description. You are inspired to use the blank lines at the bottom of the first page or provide attachments.
Acknowledge the Paperwork
Once all conditions are fulfilled, the grantor enters their name, address and appends the signature.
Witness or Approve the Quitclaim Covenant by the Notary
Unless signed in the presence of two witnesses or a notary public agent, the Alabama quitclaim covenant cannot be deemed correct. Comply with the requirements of the state and provide the witnesses’ signatures, names, and addresses.
If acknowledged by a notary public, the agreement must be signed and sealed. The presence of the date and commission details is also mandatory.