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The Wisconsin Quitclaim Deed form serves as a straightforward tool for transferring property ownership. This legal document allows a property owner, known as the grantor, to convey their interest in a property to another party, referred to as the grantee. One of the key features of this form is its simplicity; it does not guarantee that the grantor has clear title to the property, but it does transfer whatever interest the grantor may have. This makes it particularly useful in situations like transferring property between family members or clearing up title issues. The form requires essential information such as the names of the parties involved, a description of the property, and the signature of the grantor. Additionally, it often needs to be notarized to be legally binding. Understanding the Quitclaim Deed is crucial for anyone involved in property transactions in Wisconsin, as it provides a quick way to handle ownership changes without the complexities of other deed types.
Form Example
Wisconsin Quitclaim Deed
This Quitclaim Deed, executed this ______ day of ________________, 20___, between ____________________________ (hereinafter referred to as the "Grantor(s)") of the County of _________________, State of Wisconsin, and ____________________________, (hereinafter referred to as the "Grantee(s)"), of the County of _________________, State of Wisconsin, WITNESSETH:
That the Grantor(s), for and in consideration of the sum of $__________ (DOLLARS) and other valuable considerations, the receipt of which is hereby acknowledged, does hereby remise, release and quitclaim unto the said Grantee(s) forever, all the right, title, interest, and claim which the Grantor(s) has in and to the following described lot, piece or parcel of land, situated in the County of _________________, State of Wisconsin, to-wit:
Legal Description: ________________________________________________________________
_____________________________________________________________________________________
Together with all and singular the hereditaments and appurtenances thereunto belonging or in anywise appertaining, and the reversion and reversions, remainder and remainders, rents, issues, and profits thereof.
And also, all the estate, right, title, interest, property, possession, claim, and demand whatsoever, as well in law as in equity, of the Grantor(s), of, in and to the above-described premises and every part and parcel thereof with appurtenances.
The Grantor(s) hereby covenants to and with the Grantee(s) that at the time of the ensealing and delivery of these presents, the Grantor(s) is/are the lawful owner(s) of the above-described premises, free and clear of all encumbrances, except as herein disclosed and that the Grantor(s) has/have good right, full power, and absolute authority to convey the same in the manner aforesaid.
The Grantor(s) hereby covenants that the Grantor(s) will WARRANT AND FOREVER DEFEND all and singular the said premises unto the said Grantee(s), their heirs, and assigns, against the Grantor(s) and against all and every person(s) whomsoever lawfully claiming or to claim the same or any part thereof, EXCEPT as to the encumbrances hereinbefore mentioned.
IN WITNESS WHEREOF, the said Grantor(s) has/have hereunto set their hand(s) and seal(s) the day and year first above written.
____________________________(Seal)
Grantor's Signature
____________________________(Seal)
Grantor's Printed Name
State of Wisconsin )
: SS
County of ___________ )
On this ______ day of ________________, 20___, before me, the undersigned, a Notary Public in and for said County and State, personally appeared ____________________________, known to me or satisfactorily proven to be the person(s) whose name(s) is/are subscribed to the within instrument, and acknowledged that he/she/they executed the same for the purposes therein contained.
In WITNESS WHEREOF, I hereunto set my hand and official seal.
____________________________
Notary Public
My commission expires: ________________
File Specifications
| Fact Name | Description |
|---|---|
| Definition | A quitclaim deed is a legal document used to transfer ownership of real estate without any warranties regarding the title. |
| Governing Law | In Wisconsin, quitclaim deeds are governed by Chapter 706 of the Wisconsin Statutes. |
| Use Cases | Commonly used among family members or in divorce settlements, quitclaim deeds simplify the transfer process. |
| No Guarantees | Unlike warranty deeds, quitclaim deeds do not guarantee that the grantor has clear title to the property. |
| Filing Requirements | To be effective, the deed must be signed, notarized, and filed with the county register of deeds. |
| Potential Risks | Buyers should be cautious, as they assume the risk of any title issues that may arise after the transfer. |
Some Other Wisconsin Templates
Warranty Deed Form Wisconsin - The conveyance tax, which may be applicable depending on the jurisdiction, is often referenced or calculated in the deed form.
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