Quitclaim Deeds: When You Should Use Them In a previous post, we discussed the Top 3 Reasons Why You Shouldn’t Use A Quitclaim Deed. Of course, there are times when it is appropriate to use a quitclaim deed! The best use of a quitclaim deed is to remove a cloud from the chain of title. What’s that mean? Any time there is a real or [...]
Affidavit of Property Value An Affidavit of Property Value is form created by the Arizona Department of Revenue, and is required by law (ARS § 11-1133) to be recorded simultaneously with any deed transfer, unless you have a proper exemption code. What exactly does the Affidavit of Property Value do? Sometimes referred to as simply an [...]
If I add someone to title, does that make them responsible for the loan as well? When you add someone to the title to of your home, this does not automatically make them responsible for the loan. Many owners assume that if they add someone to the deed (title) of their property, the new owner is [...]
When are the Services of a Certified Legal Document Preparer (CLDP) preferred over an Escrow Agent?Legal Papers The services of a real estate Certified Legal Document Preparer [“CLDP”], also referred to as a Legal Document Assistant, are a great resource to anyone who owns or has an interest in real estate. Many property owners and investors [...]
