How to Deed a Property
- 1). Gather proof that the property belongs to the person listed on the current deed, and has no liens or claims on it. Visit the county clerk or the clerk of courts and look up the titles and deeds for the property. The owners and any liens should be listed in these records.
- 2). Draw up a quitclaim, warranty or grant deed, depending on who the property is being transferred to. Quitclaim deeds are usually used by people who know each other, such as family members. Quitclaim deeds only transfer the rights of the person specifically listed on the deed, and make no guarantees about any rights others may have. Warranty deeds explicitly promise that the person making the transfer is entitled to do so and promise compensation if that turns out not to be the case. Grant deeds promise that title hasn't already been transferred to another and that any liens or claims on the property are listed.
- 3). Check the completed deed to make sure it lists the necessary information. This includes a detailed description of the property being transferred and full legal names of both the person transferring the property and the person receiving it.
- 4). Sign the deed and have the person purchasing or receiving the property sign as well. Some jurisdictions require that the deed must be signed by a public notary. Keep a copy of the transferred deed for recording purposes to prove transfer of property should it become necessary.
- 5). Inform all interested parties of the transfer of ownership. Interested parties can include mortgage brokers and those holding joint ownership.
