Free Nevada Quitclaim Deed Form

Comprehensive Guide of the Quitclaim Deed in Nevada

If you are planning to give up your rights and give up your rights in a property to your children or your sibling, you need to consider using the quitclaim deed. A quitclaim deed refers to a simple legally binding instrument stating that an individual (grantor) is willingly giving up their rights to a named real property. The deed is one of the many real property deeds acceptable in the state, and it also goes by quitclaim, quitclaim deed form or a non-warranty form. Some people have, however, albeit mistakenly referred to the quitclaim as a quick claim deed - perhaps because of the efficiency with which the document ensures transfer of real property.

It should also be noted here that the quitclaim is without warranties which should mean that the deed offers very little and in other cases, no legal recourse to the grantee. Since it does not provide a reliable layer of protection, the deed is not recommended for use when buying real property from unknown parties. So, unless you are using it for property transfers involving your family or known business entities, you should stick to the warranty deeds.

What are warranty deeds?

All real estate deeds allow quitting of interests in real property, or rather, they allow the transfer of rights to property, legally. But, while the non-warranty deeds give no warranties or promise of the grantor being the actual owner of the property under conveyance, the warranty deed tells you that the property under conveyance not only belongs to the grantor but is also confirms to you that in the event of a title issue, you will have legal recourse against the grantor.

The warranty deed also carries a warranty of title. Warranty of title is the legal document that informs the grantee/ grantor that the deed in question is clear or without any title issues/ defects.

What are title issues?

Title issues or title mistakes are defects or title irregularities. These issues must be cleared for you to obtain title insurance.

• The defects are often uncovered after running a title search. The issues include:

• • Errors in the public records, often, clerical/ filing errors

  • Unknown liens on the property, a common case which arises when the previous owners fail to keep property records/ clear debts

  • Illegal deeds – this happens when a deed is issued by an individual of unsound mind, an immigrant, a minor, or even a person who is reportedly single but married in actuality.

  • Forgeries – a forgery taints a deed

  • Missing heirs – If, after your death, it is known that some legal heirs to your property are missing from your will, the title will be tainted and the missing heirs will contest the will.

  • Undisclosed encumbrances like former liens, covenants or restrictions which limit the use of the property.

  • Boundary disputes

  • Unknown easements

  • Undiscovered will – they take precedence to quitclaims

  • False impersonation of the previous owner

Uses of the quitclaim

• You can use the quitclaim deed in Nevada in the following ways:

• • To give up your interests in real property to your children, spouse, siblings, or ex-spouse

  • To gift the property to any other member of your family

  • Transferring your rights in property into a trust or a living trust

  • Changing (showing name change) the name on the deed to reflect your actual current name

  • Clearing clouds on title. This is common upon the request of your insurance company. A common cloud involves a name that should not be there or a name that should be on the deed but is missing.

  • Transferring real property into a business of an entity.

Creating a valid quitclaim deed in Nevada

By now, you know that you can find free legal forms online to use. These templates will guide you and ensure that your quitclaim meets the local and county standards. But, if you’ve tried this strategy, you know that there are numerous templates for you to try out – they are all confusing though, which is why we recommend our state-specific printable PDF version of the deed – the free Nevada quitclaim deed form. This free form has every section you need to prepare an executable deed.

Statutory quitclaim requirements

• First, the deed must be prepared in a manner that is permissible by the state’s revised statutes. The requirements to be met include:

• • The deed should be signed by the grantor, and it must be acknowledged and proved in an acceptable manner, often in the presence of the notary public.

  • The deed should be recorded in the county within which the property under conveyance is located.

  • It must have the name and the actual mailing address of the grantee for it to be permitted for recordation by the county recorder.

  • It must have the parcel number of the assessor

  • The deed must also bear the name and the mailing address of the person who will be receiving the statement of taxes

  • It must also have the details of the preparer, name and the mailing address

Once all the requirements are met, then you can record the deed. Recording the quitclaim is important because it constructively third parties and the public about the change in ownership.

It is also important in that it protects the future of the grantee. If a quitclaim goes unrecorded, it will only be valid between the parties involved in the conveyance and someone else might buy the property. In the event of a bona fide purchaser of an unrecorded quitclaim, the initial grantee loses their rights in the property if the new quitclaim between the grantor and the bona fide purchaser is recorded. In short, unrecorded quitclaims are void against all subsequent purchases, who get the property for valuable consideration or good faith.

So, would you like to create and record a quitclaim to effectuate the transfer of residential property to your loved one? Perhaps you should download our free quitclaim deed form available to everyone in Las Vegas, Henderson, Reno, Carson City, Laughlin, or any other city in Nevada.