An Ohio quit claim deed is a written instrument whereby an interest in real estate is transferred from one party to another without any assurance or protection provided to the new owner (grantee). While other deeds may warrant that the title is unencumbered or that the transferor (grantor) is the lawful owner, a quit claim deed offers no affirmations. Instead, it simply releases whatever amount of interest the grantor possesses and transfers that interest to the grantee.
If the grantor is married, their spouse will need to terminate all “dower rights” by signing the applicable section of the quit claim deed. If these rights aren’t terminated, the spouse would be entitled to a one-third interest in the real estate being conveyed.
- Statutes: § 5302.11
- Formatting: § 317.112, § 317.113, & § 317.114
- Signing Requirements (§ 5301.01(A)): Notary Public (or other authorized official)
- Where to Record (§ 5301.25(A)): County Recorder
- Recording Fees (§ 317.32(A)(1)): $34 for the first two (2) pages; $8 for each additional page.
- Residential Property Disclosure Statement (§ 5302.30): Discloses material defects affecting the property. The grantor must deliver this form to the grantee before selling residential property.