Alaska Quitclaim Deed
Alaska Quitclaim Deed
This Quitclaim Deed ("Deed") is made on [Date], by and between [Your Name], hereinafter referred to as the "Grantor," and [Grantee's Name], hereinafter referred to as the "Grantee," collectively referred to as the "Parties."
I. Recitals
WHEREAS, the Grantor is the lawful owner of a parcel of land situated in [County Name], Alaska, with a legal description as follows:
Lot 15, Block 5, Smith's Addition to Anchorage, according to the official plat thereof, filed in the Office of the Anchorage Recording District, Third Judicial District, State of Alaska.,
hereinafter referred to as the "Property";
AND WHEREAS, the Grantor desires to transfer all of their right, title, and interest in the Property to the Grantee;
AND WHEREAS, the Parties acknowledge that this Deed is being executed voluntarily and without coercion.
NOW, THEREFORE, in consideration of the mutual covenants herein contained and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties hereto agree as follows:
II. Transfer of Property Interest
The Grantor does hereby remise, release, and forever quitclaim to the Grantee all of the Grantor's rights, title, and interest in and to the Property, ensuring that the Grantee receives full and absolute claim thereto.
III. No Warranties
The Grantor hereby explicitly disclaims and does not provide any form of warranty, whether expressed or implied, concerning the Property. This includes, but is not limited to, any warranties regarding the title of the Property, the absence of encumbrances, or the Property's suitability for any specific purpose that the Grantee might have in mind.
IV. Assurances and Covenants
The Grantor hereby covenants that they are lawfully seized of the Property and have the full right to convey the same; that the Property is free from all encumbrances made by the Grantor; and that they will warrant and defend the title to the Property against all claims, subject to any existing restrictions of record.
V. Legal Description
The legal description of the Property is as follows:
Lot 15, Block 5, Smith's Addition to Anchorage, according to the official plat thereof, filed in the Office of the Anchorage Recording District, Third Judicial District, State of Alaska.
VI. Consideration
The consideration for this transfer of Property is the sum of Fifty Thousand Dollars ($50,000), paid by the Grantee to the Grantor, the receipt of which is hereby acknowledged.
VII. Execution
The Grantor warrants that they have the full right and authority to execute and deliver this Deed and that the same is their act and deed.
VIII. Miscellaneous
This Deed shall be binding upon and shall inure to the benefit of the Parties hereto, their successors, assigns, heirs, and legal representatives.
IX. Governing Law
This Deed shall be governed by and construed by the laws of the State of Alaska.
IN WITNESS WHEREOF, the Parties have executed this Quitclaim Deed as of the date first above written.
[Your Name]
Grantor
[Grantee's Name]
Grantee
X. Acknowledgment
State of Alaska
County of [County Name]
On this [Date], before me, a Notary Public in and for the above-named state and county, personally appeared [Your Name], known to me (or satisfactorily proven) to be the person whose name is subscribed to the foregoing instrument, and acknowledged that they executed the same for the purposes therein contained.
IN WITNESS WHEREOF, I hereunto set my hand and official seal.
Notary Public: [Notary's Name]
My Commission Expires: [Expiration Date]
