Accuracy is crucial when filing an Arkansas quitclaim deed. Whether you are changing ownership to a family member or releasing your interest in the property altogether, take the following steps to facilitate a smooth transition.
Step 1: Obtain the Original Property Title
While a quitclaim deed absolves the grantor of all liability related to the title and ownership, you still need details on the title to transfer the property.
If you are not already in possession of the title, you can request a copy from the current owner or contact the circuit clerk’s office in the county where the property is located.
Step 2: Fill Out the Quitclaim Deed Form
Enter the grantor and grantee names, return address, legal property description, consideration, and transfer tax. Ensure your form meets formatting and content requirements per Ark. Code § 14-15-402.
Step 3: Complete the Tax Assessment Affidavit of Compliance
Complete a tax assessment affidavit, per Ark. Code § 26-60-107. This form should indicate that you included the correct transfer tax amount with the quitclaim deed or that you qualify for an exemption. This form must be signed by the grantee.
Step 4: Sign the Form With a Notary
If applicable, the grantor and their spouse must sign the quitclaim deed before a notary, per Ark. Code § 18-12-203.
In accordance with Ark. Code § 18-12-403, the grantor’s spouse must also sign the quitclaim deed or an acknowledgment if they co-own the property.
Step 5: Submit the Forms and Appropriate Payments
Submit your Arkansas quitclaim deed, payment for taxes and fees, and tax assessment affidavit to the circuit clerk in the county where the property is located, per Ark. Code § 14-15-404.
