North Dakota Quitclaim Deed
North Dakota Quitclaim Deed
-
Grantor:
[YOUR NAME]
-
Grantee:
[GRANTEE'S NAME]
-
Property Address:
123 Elm Street, Bismarck, North Dakota
I. Legal Description of Property
The property subject to this Quitclaim Deed is particularly described as follows:
-
Lot 5, Block 12, Meadow View Estates Subdivision, according to the recorded plat thereof, is situated in Burleigh County, North Dakota.
This description should include the county, township, range, section, or any other relevant identifiers that fully describe the property being transferred.
II. Context and Purpose
-
This North Dakota Quitclaim Deed (“Deed”) is employed to transfer property ownership from the Grantor to the Grantee. The transfer conveys any interest the Grantor may have in the specified property, without guaranteeing the property's title.
-
Commonly utilized for informal transactions among family members, this Deed clarifies ownership uncertainties or resolves disputes related to the property. It provides a straightforward means of transferring property rights, eliminating the necessity for extensive title investigations.
-
Utilizing the Quitclaim Deed can be particularly advantageous when trust exists between the parties involved, ensuring a smooth transition of property ownership.
-
This mechanism offers a reliable way to address and resolve any outstanding property issues without incurring substantial costs.
III. Grantor's Statement
-
I, [YOUR NAME], as the Grantor of this Deed, hereby freely and voluntarily convey all of my right, title, and interest in and to the described property to the Grantee.
-
This transfer includes all improvements, fixtures, rights, and privileges about the property. I make no warranties, express or implied, regarding the quality, condition, or status of the title to the property.
-
Further, I acknowledge that this transfer is being conducted with the full understanding of the nature and extent of the rights conveyed. This Deed is executed in good faith and without reservation or coercion.
-
Both parties enter into this transfer agreement with mutual trust and understanding, aimed at achieving the stated purpose.
IV. Grantee's Acceptance
-
I, [GRANTEE'S NAME], as the Grantee, hereby accept the conveyance of the described property from the Grantor.
-
I acknowledge that this transfer is conducted without any warranties or guarantees on the title's status or quality. By accepting this Deed, I understand and accept any risk associated with the property transfer.
-
I affirm that this acceptance is free from coercion and based on the mutual trust between the Grantor and myself.
-
This Deed serves as a comprehensive transfer of the grantor's interest, irrespective of any pre-existing uncertainties or disputes regarding the property's title.
-
This acceptance further solidifies the mutual agreement and understanding between the involved parties.
V. Signatures
Grantor:
[YOUR NAME]
[DATE SIGNED]
Grantee:
[GRANTEE'S NAME]
[DATE SIGNED]
VI. Notary Acknowledgment
State of North Dakota, County of [COUNTY NAME]
On this [DATE], before me, a Notary Public in and for said County and State, personally appeared [Your Name], to me known to be the person described in and who executed the same as the free act and deed of [him/her], and having been duly sworn did represent that the statements therein are true to the best of [his/her] knowledge and belief.
In witness whereof, I hereunto set my hand and official seal.
[NOTARY PUBLIC'S NAME]
Notary Public
My Commission Expires: [COMMISSION EXPIRY DATE]
[Seal]
