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In the state of New Hampshire, a quitclaim deed is used to convey the ownership interest of a property. This document conveys the interest in a property from the Grantor, the party selling or transferring the home, to the Grantee, the party purchasing or receiving the home, without any guarantees on the title. This means that the ownership interest may be transferred without the buyer knowing whether or not the seller has the legal authority to sell the property due to potential title issues. As a good business practice, the purchaser should conduct a thorough title search to ensure that the title of a property is clear and it is free of encumbrances.
This type of deed is usually used to transfer property between family members, for estate planning purposes (such as transferring the property into a living trust), or after a divorce settlement.
If you instead want to transfer the property in a way that protects the new owner, you should use another type of deed, such as a general warranty deed or special warranty deed. If you are unsure about what type of property deed to use, you should seek legal advice.
New Hampshire quitclaim deed laws are codified at RSA 477:28.
Signing - According to New Hampshire law (RSA 477:3), the Grantor must sign the quitclaim deed in the presence of a Notary Public.
Recording - Once notarized, the quitclaim deed must be filed with the County Recorder’s Office in the city or county where the property is located.
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To write a New Hampshire quitclaim deed form, you need to provide the following information:
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Once you have a signed and notarized quitclaim deed, you need to file it with the New Hampshire Registry of Deeds Office in the county where the property is located.
Both the Grantor and Grantee must file a New Hampshire Real Estate Transfer Tax Declaration of Consideration (RSA 78-B:1).
The Grantee must also file an Inventory of Property Transfer (Form PA-34) with the Department of Revenue Administration within 30 days of recording the deed.
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