![]() ![]() The fee is based on the property’s value: 30 cents for each $100 value or fraction of $100. Wisconsin Statute § 77.22(1) imposes a tax on most real estate transfers, called the real estate transfer fee. Wisconsin law does not require any specific language for a quitclaim deed, and unlike most states, Wisconsin does not provide a sample quitclaim deed form.Ī quitclaim deed, however, should use the term “quitclaim” and not contain any references to warranties or covenants. That section states that a grantor’s signature is authenticated as genuine by a notary public. Acknowledgmentsīefore a quitclaim deed can be recorded, Wisconsin Statute § 706.05 (2) requires that the grantor’s signature be authenticated using a method listed in Wisconsin Statute § 706.06. Wisconsin law does not require the grantee to sign the deed. Under Wisconsin Statute § 706.02, the grantor must sign a quitclaim deed to be valid. Wisconsin uses a Public Land Survey System for legal descriptions of rural property, and other methods should be used for smaller parcels. The legal description differs from a property’s mailing address. For a quitclaim deed to be recorded, the deed must contain the property’s full legal description under Wisconsin Statute § 706.05 (2m). To be valid in Wisconsin, a quitclaim deed must properly identify the land as specified in Wisconsin Statute § 706.02. Wisconsin Statute § 706.10 defines a quitclaim deed. LawsĬhapter 706 of the Wisconsin Statutes contains most of the Wisconsin laws governing the transfer of real estate. The grantor’s signature must be authenticated, and you must record the deed and pay a filing fee and a transfer tax, known as the real estate transfer fee. The deed must identify the parties, contain a legal description of the property, identify the interest being transferred, and be signed by the grantor. Under Wisconsin law, a quitclaim deed must meet certain requirements. Wisconsin Quitclaim Deed Laws and Requirements How to Write & File a Quitclaim Deed in Wisconsin.Wisconsin Quitclaim Deed Laws and Requirements.Read on for more information about quitclaim deeds in Wisconsin. Quitclaim deeds are often used to transfer property between family members or in divorces, among other situations. Unlike a warranty deed, the quitclaim deed does not come with any promises that the grantor has good title to the property. The least complicated type, the quitclaim deed, merely transfers whatever interest the property owner - referred to as the grantor in a deed - has in the property. Under Wisconsin law, a property owner can choose many legal forms to transfer real estate. ![]()
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