Iowa Quitclaim Deed Form

An Iowa quitclaim deed is a legal instrument to transfer property from one party (the grantor) to another (the grantee) without any warranties regarding the title’s quality. This means the grantor does not guarantee that they hold clear ownership or that it’s free from other claims, such as liens or encumbrances. In Iowa, such deed forms are frequently used to transfer property among family members or move real estate into a living trust.

While these documents are simple and useful in the right situations, they come with risks due to the lack of guarantees about the title. Potential buyers or inheritors receiving property via quitclaim deeds in Iowa should consider conducting a thorough title search to protect themselves against possible issues.

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Quitclaim Deed Laws and Requirements in Iowa

The legal framework for executing a quitclaim deed is specified in Iowa Code, Chapter 558 (Conveyances).

Signing Requirements

Under Iowa Code, Section 558.20, any deed or legal instrument conveying or encumbering real estate must have its acknowledgment comply with the provisions of Chapter 9B (Notarial Acts). Importantly, this applies whether the acknowledgment is made within Iowa, elsewhere in the United States, internationally, or under federal jurisdiction.

Additional Forms to Submit

The State of Iowa requires the submission of additional forms to complete the filing process:

  • The Groundwater Hazard Statement (Section 558.69) discloses environmental conditions related to the property, which can affect public health and property values.
  • The Declaration of Value, required unless the transfer is exempt under Section 428A.2, documents the financial details of the property transfer and assists in the taxation processes.

When filed with the County Recorder, these forms must be attached to the quitclaim deed.

Filing Requirements

The filing process for a quitclaim deed in Iowa is governed by Iowa Code, Section 558.11, which requires the deed to be recorded with the county recorder’s office in the county where the property is located.


Language Requirements

Iowa Code, Section 558.19 outlines acceptable forms of conveyance, including language for quitclaim deeds. The statute provides a template that may be adapted to fit specific circumstances.

Fees

The fee for recording a property transfer in the county records is $5 for each real estate transaction described in Section 558.57. The maximum fee for a single transfer described in one instrument does not exceed $50 (Section 331.507).

The fees for filing and recording a quitclaim deed vary by county. It’s advisable to contact your local recorder’s office to obtain specific information.

How to Fill Out and File a Quitclaim Deed in Iowa

Filling out and filing a quitclaim deed in Idaho involves a straightforward process that transfers rights to property from one party to another without warranties:

  1. Begin by entering the date and the consideration amount, which is the value exchanged for the property transfer. It can be a monetary value or other considerations. If the transfer is a gift, indicate this by selecting the appropriate option on the form.
  2. Write the names and addresses of the grantor (the person transferring the property) and the grantee (the person receiving the property). Ensure the names are spelled correctly.
  3. Include a detailed legal description of the property. It must include identifiers such as the tax parcel number and may include metes and bounds or a lot and block description.
  4. The grantor must sign the quitclaim deed in the presence of a notary public. This authenticates the grantor’s identity and validates the deed.
  5. The grantor signs the deed before a notary, who will complete their section and confirm the grantor’s identity and the signing date.

Once completed and notarized, take the quitclaim deed to the county recorder’s office where the property is located. Pay the required fee for recording, which ensures that the deed is added to the official county records.

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Published: Aug 13, 2024