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Quitclaim Deeds
Q. What is a Quitclaim Deed?
A. A Quitclaim Deed is a legal instrument that is used when someone wishes to “quit” (give up) his or her interest in a piece of property.
Q. Where can I get a Quitclaim Deed?
A. You can have an attorney prepare a Quitclaim Deed for you. Please be sure to ask how much the total cost is, including recording fees, doc stamps, postage, copies, etc., because these little things can add up. Alternately, you may prepare a Quitclaim Deed yourself by purchasing a blank form at a stationery store and filling in the blanks. This is of course much less expensive than having an attorney handle the transaction for you, but can be complicated when it comes to having the document recorded, submitting the correct forms with it, and so on. A third option is having us take care of the paperwork for you, for our costs. It costs much less for us to have a Quitclaim Deed prepared and recorded than most people would have to pay an attorney.
Q. I want you to handle the paperwork. What do I do?
A. Send the resort a letter, email, fax, or give them a call, and say you’d like to have a request form to change ownership. When you receive the form, write in the information about the new owner, and return it to them. When you receive the Quitclaim Deed, complete it and send it back to the resort in an envelope provided. They will then send the document to the County to be recorded. After it has been returned to the resort, they will make copies for their files, change records, send the original to the new owner, and send a copy to you for your files.
Q. I’ve decided to have an attorney do the paperwork, or I did it myself. Now what?
A. Simply send a copy of the recorded documents to the resort for their files, and they will update your records as to ownership.
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