A Missouri quit claim deed transfers a real estate title to a grantee without any guarantee that it is free of encumbrances. While most deeds are made in conjunction with a real estate purchase, a quit claim deed is often used when there is no purchase price or the grantee accepts a nominal fee as “consideration.” Regardless of whether or not the grantee pays for the property, they should verify the title with the county recorder to avoid assuming any mortgages or liens that may accompany the title before signing the deed.
Uniquely in the city of St. Louis, deeds must be signed by the grantee as well as the grantor to be valid.
- Statutes: Title XXIX, Ch. 442 (Titles and Conveyance of Real Estate)
- Formatting: § 59.310
- Signing Requirements (§ 442.130): Notary Public
- Where to Record: Recorder of Deeds
- Recording Fees: Most county recorders charge $24 for the first page and $3 for each additional page (fees vary).