This form is a Warranty Deed where the granter may be an executor of a will, trustee, guardian, or conservator.
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This document serves as a fiduciary deed for the conveyance of property in Arkansas, executed by a grantor in an official capacity to a grantee. It outlines the terms of sale, property description,
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How to fill out fiduciary deed
How to fill out fiduciary deed
01
Gather necessary documents, such as the property's title and legal identification.
02
Understand the laws and regulations regarding fiduciary deeds in your jurisdiction.
03
Begin filling out the fiduciary deed template, ensuring to include the names of all parties involved, including grantor and grantee.
04
Clearly define the property being transferred, including a legal description if required.
05
Specify the terms of the fiduciary deed, including any limitations or conditions.
06
Sign the deed in front of a notary public to make it legally binding.
07
File the completed fiduciary deed with the appropriate local government office, if necessary.
Who needs fiduciary deed?
01
Individuals serving as fiduciaries in wills or trusts.
02
Real estate agents handling property transactions on behalf of clients.
03
Attorneys or legal representatives involved in estate planning or probate.
04
Heirs or beneficiaries attempting to transfer property ownership according to a will.
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How to do a warranty deed in Arkansas?
The deed must be acknowledged and notarized by a notary public in Arkansas. Per § 18-12-102 of the Arkansas Code, a warranty deed must contain the words “grant, bargain, and sell” when stating how the property is being transferred.
Who can prepare a warranty deed in Arkansas?
In most cases, an Arkansas Warranty Deed costs $300 to prepare, and $15 for the first page and $5 for each additional page in recording costs. For a typical warranty deed, the total cost is $320 (a $300 lawyer fee and $20 in recording fees). Your deed will be prepared and recorded by a licensed Arkansas attorney.
What is a fiduciary deed in Arkansas?
A fiduciary deed is a legal document used to transfer ownership of a property from one party to another when the original owner is unable to sign the deed for legal or other reasons.
How do I file a deed in Arkansas?
Arkansas deeds must meet the following content requirements: Title. An Arkansas deed must include a document title. Party names. A deed must name the current owner (the grantor) and the new owner (the grantee). Property description. Granting clause. Form of co-ownership. Consideration. Preparer's name. Return address.
What is the difference between a special warranty deed and a warranty deed in Arkansas?
A special warranty deed guarantees two things: The grantor owns, and can sell, the property; and the property incurred no encumbrances during his ownership. A special warranty deed is more limited than the more common general warranty deed, which covers the entire history of the property.
What is required on a warranty deed in Arkansas?
The deed must be acknowledged and notarized by a notary public in Arkansas. Per § 18-12-102 of the Arkansas Code, a warranty deed must contain the words “grant, bargain, and sell” when stating how the property is being transferred.
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What is fiduciary deed?
A fiduciary deed is a legal document that transfers property interests from one party to another, typically executed by a fiduciary or agent on behalf of another party. It is often used in situations like estate settlements, trusts, and guardianships.
Who is required to file fiduciary deed?
The fiduciary, such as an executor of an estate, trustee, or guardian, is typically required to file a fiduciary deed when transferring property on behalf of the beneficiaries.
How to fill out fiduciary deed?
To fill out a fiduciary deed, include the names and addresses of the grantor and grantee, a description of the property being transferred, the authority of the fiduciary to act, and any applicable legal language. It must be signed by the fiduciary and may need to be notarized.
What is the purpose of fiduciary deed?
The purpose of a fiduciary deed is to facilitate the lawful transfer of property from a deceased person's estate or a trust to the heirs or beneficiaries as designated in a will or trust document.
What information must be reported on fiduciary deed?
A fiduciary deed must report the names and addresses of the fiduciary and the parties involved, the legal description of the property, the date of the transaction, and the authority under which the fiduciary is acting.
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