5 Essential Steps For Fulton County Quit Claim Deed

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As a homeowner in Fulton County, Georgia, you may need to transfer ownership of your property to another person or entity at some point. One way to do this is by using a quit claim deed, also known as a quick claim deed. This type of deed allows you to transfer your interest in the property to another party, but it does not guarantee that you have good title to the property. In this article, we will outline the 5 essential steps for completing a Fulton County quit claim deed.

Understanding the Purpose of a Quit Claim Deed

Before we dive into the steps for completing a quit claim deed, it's essential to understand the purpose of this type of deed. A quit claim deed is used to transfer ownership of a property from one person or entity to another. It is often used in situations where the grantor (the person giving up ownership) wants to relinquish their interest in the property, but does not want to guarantee that they have good title to the property.

Step 1: Prepare the Quit Claim Deed Document

The first step in completing a Fulton County quit claim deed is to prepare the document itself. You can obtain a quit claim deed form from the Fulton County Clerk of Court's office or from an online vendor. The form should include the following information:

• The names and addresses of the grantor and grantee (the person receiving ownership of the property)
• A description of the property being transferred, including the parcel ID number and a legal description of the property
• The type of deed being used (in this case, a quit claim deed)
• The consideration (the amount of money or other compensation being paid for the property)

Here is an example of what the quit claim deed document might look like:

Quit Claim Deed

This Quit Claim Deed, made and entered into on [DATE], by and between [GRANTOR'S NAME] (hereinafter referred to as the "Grantor") and [GRANTEE'S NAME] (hereinafter referred to as the "Grantee").

WHEREAS, the Grantor is the owner of certain real property located in Fulton County, Georgia, described as follows:

[INSERT LEGAL DESCRIPTION OF PROPERTY]

NOW, THEREFORE, in consideration of the sum of $[AMOUNT] and other good and valuable consideration, the receipt of which is hereby acknowledged, the Grantor does hereby quit claim and convey unto the Grantee all of the Grantor's right, title, and interest in and to the above-described property.

Step 2: Sign and Notarize the Quit Claim Deed

Once the quit claim deed document is prepared, the next step is to sign and notarize it. The grantor must sign the document in the presence of a notary public, who will verify the grantor's identity and witness their signature.

Step 3: Record the Quit Claim Deed

After the quit claim deed is signed and notarized, it must be recorded with the Fulton County Clerk of Court's office. This is an important step, as it provides public notice of the transfer of ownership and helps to ensure that the grantee's rights to the property are protected.

To record the quit claim deed, you will need to submit the original document to the Clerk of Court's office, along with the required filing fee. The Clerk's office will review the document to ensure that it meets all of the necessary requirements, and then record it in the county's property records.

What is the Filing Fee for a Quit Claim Deed in Fulton County?

The filing fee for a quit claim deed in Fulton County is currently $25.00 for the first page and $2.00 for each additional page. You can pay the filing fee by cash, check, or credit card.

Step 4: Obtain a Property Transfer Tax Form

In addition to recording the quit claim deed, you may also need to obtain a property transfer tax form from the Fulton County Tax Commissioner's office. This form is required for all property transfers in the county, and it helps to ensure that the correct amount of property transfer tax is paid.

To obtain a property transfer tax form, you can visit the Tax Commissioner's office or download the form from their website. You will need to provide information about the property being transferred, including the parcel ID number and the sale price.

Step 5: Update the Property Records

The final step in completing a Fulton County quit claim deed is to update the property records to reflect the change in ownership. This can be done by submitting a request to the Fulton County Tax Commissioner's office, along with the required documentation and fees.

Once the property records are updated, the grantee will be responsible for paying all future property taxes on the property.

Conclusion

Completing a Fulton County quit claim deed requires several steps, including preparing the quit claim deed document, signing and notarizing it, recording it with the Clerk of Court's office, obtaining a property transfer tax form, and updating the property records. By following these steps, you can ensure that the transfer of ownership is completed correctly and that the grantee's rights to the property are protected.

We hope this article has been helpful in explaining the process for completing a Fulton County quit claim deed. If you have any questions or need further assistance, please don't hesitate to contact us.