Removing an Ex-Spouse from real estate title is required in many divorce decrees in Kendall County. Often, two divorcing spouses are on title to real estate or one spouse owns the real estate property and a divorcing spouse must waive their homestead rights. Gateville Law Firm is a Yorkville residential real estate law firm in Yorkville, Illinois and Kendall County. Our real estate lawyers service Kendall County such as Yorkville, Oswego, Bristol, Newark, Joliet, Plainfield, Montgomery, Aurora, and other areas of Kendall County.
YORKVILLE AND OSWEGO QUIT CLAIM DEED ATTORNEY
A Quit Claim Deed Form is used when a party wants to remove or add a party to real estate title. According to Legal Zoom, a Quit Claim Deed conveys a legal interest in real estate to a buyer. Generally, a Warranty Deed will have the protection of insuring good title to the real estate property. A Title Insurance Company is typically used with a Warranty Deed where title insurance is purchased. Unlike a Warranty Deed, a Quit Claim Deed conveys a property interest to a buyer by only conveying the interest that a Seller has in the property. Thus, a Quit Claim Deed does not guarantee good real estate title.
Today and multiple times in a week, we prepare Quit Claim Deeds for people. Today, we prepared a Quit Claim Deed where we removed an ex-spouse from real estate title or otherwise known as a “Quit Claim Deed”. Typically, the person transferring their interest in real estate is known as a “Grantor”. A person or entity purchasing or being transferred an interest in real estate is known as a “Grantee”. An improperly prepared Quit Claim Deed can result in a real estate title issue. See https://robertsonlegalgroupllc.com/how-to-clear-up-real-estate-title-issues/.
KENDALL COUNTY RECORDING AND KENDALL COUNTY QUIT CLAIM DEED LAWYER
Gateville Law Firm will prepare and record your quit claim deed correctly in Yorkville and Kendall County. Our Quit Claim Deed Attorney in Kendall County understand the unique rules of Kendall County. As of November 2018, Kendall County Recorder’s Office has adopted Predictable Fee Ordinance. Quit Claim Deed costs $53 as a cost to record deeds in Yorkville and Kendall County. See https://www.co.kendall.il.us/wp-content/uploads/Notice-of-Predictable-Fees.pdf.
KENDALL COUNTY REAL ESTATE TRANSFER EXEMPTION
A Quit Claim Deed is considered an exempt real estate transaction. Recording a Quit Claim Deed in Yorkville, Oswego, Montgomery, Joliet, Plainfield, Bristol, Plattville, and parts of Kendall County do not require a tax to be paid. Under 35 ILCS 200/31-45, a Quit Claim Deed is an exempt real estate transaction if one receives less than $100 in return for signing a Quit Claim Deed. See https://www.co.kendall.il.us/wp-content/uploads/CountyRecorder_Exemptions-RealEstateTransferTaxAct.pdf.
CALL OUR KENDALL COUNTY QUIT CLAIM DEED ATTORNEY TODAY AT 630-780-1034
Attorney Sean Robertson and the team of Gateville Law Firm will happily assist you with your quit claim deed needs. We prepare quit claim deeds in 24 to 48 hours and will record your deed in less than 7 days. Our legal fees are reasonable for Quit Claim Deeds and hire a real estate attorney with significant experience preparing and recording Quit Claim Deeds in Yorkville, Oswego, Plainfield, Joliet, Aurora, Montgomery, and Kendall County (Illinois). Call us today at 630-780-1034.