{"id":18566,"date":"2021-09-10T10:23:05","date_gmt":"2021-09-10T14:23:05","guid":{"rendered":"http:\/\/privacyfight.io\/?p=18566"},"modified":"2023-06-23T05:50:39","modified_gmt":"2023-06-23T09:50:39","slug":"p7-preparing-a-quit-claim-deed-for-ohio","status":"publish","type":"post","link":"https:\/\/privacyfight.io\/p7-preparing-a-quit-claim-deed-for-ohio\/","title":{"rendered":"P19 &#8211; Preparing a Quit Claim Deed for Ohio"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"18566\" class=\"elementor elementor-18566\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f057c6d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f057c6d\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-9c986ec\" data-id=\"9c986ec\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f2ff513 elementor-widget elementor-widget-text-editor\" data-id=\"f2ff513\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"vidseo_wrapper\" style=\"width: 100%;\">\r\n\r\n    \r\n    \r\n        <div class=\"vidseo_vimeo\">\r\n\r\n            <iframe title=\"vimeo-player\" src=\"https:\/\/player.vimeo.com\/video\/733233228\/?\" width=\"100%\" frameborder=\"0\" allowfullscreen><\/iframe>\r\n\r\n        <\/div>\r\n\r\n    \r\n    \r\n    <div class=\"vidseo_collapse\" style=\"\">\r\n        <div class=\"vidseo_btn\" style=\"\">\r\n            P19 &#8211; Preparing a Quit Claim Deed for Ohio\r\n0:03\r\nOK, I\u2019m going to show you how to prepare a quitclaim deed. I know I\u2019ve done a couple of these already, I think, for California, and this one is for Ohio.\r\n0:11\r\nAnd I just want to show you, again, it\u2019s very similar, simple process.\r\n0:18\r\nThe i&#8230;        <\/div>\r\n        <div class=\"vidseo_collapse_content\" style=\"\">\r\n            <p>P19 &#8211; Preparing a Quit Claim Deed for Ohio<br \/>\n0:03<br \/>\nOK, I\u2019m going to show you how to prepare a quitclaim deed. I know I\u2019ve done a couple of these already, I think, for California, and this one is for Ohio.<br \/>\n0:11<br \/>\nAnd I just want to show you, again, it\u2019s very similar, simple process.<br \/>\n0:18<br \/>\nThe interesting thing is, many of you that are wanting to deed over the title, to your Property, you\u2019ve already have a quick claim Deed, because that\u2019s how you get the title in the first place right from the from the seller who sold you the property. So, if you go back and look at your documents, if you can find them, you\u2019ll find a quitclaim deed. And if you can\u2019t find your documents, that, you don\u2019t have them, you can go in the county records in your county.<br \/>\n0:40<br \/>\nAnd you can look under the, probably the street address and where the mortgage is recorded. Maybe if there\u2019s a mortgage.<br \/>\n0:48<br \/>\nAnd you can find the quitclaim deed.<br \/>\n0:52<br \/>\nIt should have been filed because it was probably notarized and it has to be recorded.<br \/>\n0:56<br \/>\nSo you can find anybodies quitclaim deed, and you can get this document. It\u2019s a one page document.<br \/>\n1:01<br \/>\nI mean, it could be a 50 page document, but really, all you\u2019re doing is quitting the claim on the title.<br \/>\n1:07<br \/>\nAnd a reason to do that, would be, if I don\u2019t want to have my personal liability, where my name is on the title, attached to the property.<br \/>\n1:17<br \/>\nSo if I might in the future, have a judgement lien, or a tax lien, or things like that, anything on public records, I would probably not want to have real estate in my name.<br \/>\n1:28<br \/>\nSo a quick claim deed is the surest way to get get out of certain types of liability these types of claims. That\u2019s a sure way to do it.<br \/>\n1:36<br \/>\nI mean, there are other ways you can, actually, uh, you can use Equitas stripping.<br \/>\n1:41<br \/>\nWhere are you record a lien, OK?<br \/>\n1:44<br \/>\nYou can record a mortgage lane and strip the equity, that\u2019s a little bit more involved, but here, I\u2019m just going to show you.<br \/>\n1:51<br \/>\nSo, you see here, I\u2019ve got, here\u2019s what I was going to show you, where I found the \u2026 found this. On the internet. Now, sometimes, you can just search for this document. I don\u2019t like to pay form. It\u2019s ridiculous. I mean, it\u2019s a document that you can make yourself. It depends on how much time you have. I mean, if you want to pay for it, it\u2019s probably 10 bucks, right. But then if you buy it, you gotta give up your information. Your contact information. Then you\u2019re on a mailing list. It\u2019s just a nuisance. so I\u2019d like to just go find it for that purpose.<br \/>\n2:21<br \/>\nAnd in this case, I found a PNG formatted quitclaim deed for Ohio.<br \/>\n2:27<br \/>\nNow, it is not necessary that it cites a particular statute, I think this means Ohio Revised Code, ORC.<br \/>\n2:33<br \/>\nIt\u2019s just important that if you\u2019ll notice in the top right corner, this space, usually it\u2019s 2 or three inches from the edge of the paper.<br \/>\n2:42<br \/>\nAnd it\u2019s where the clerk of the court, or the County Recorder\u2019s Office or Bureau of Conveyances, however it\u2019s called, where you are, that\u2019s where the recording date and time is a fixed width. Stamper, Seal, and maybe a tracking number or something like that.<br \/>\n2:57<br \/>\nThen over here is, you know, on the left side, whoever prepared it. This can be anybody. I mean, it doesn\u2019t matter, You can make up a name.<br \/>\n3:05<br \/>\nIt can make up an address.<br \/>\n3:07<br \/>\nWhat you really want to do is put the correct information here, because the clerk will record this and send you back the original.<br \/>\n3:13<br \/>\nAnd then from that point on, if you ever need to show a quick claim deed, you can ask for a certified copy forever. You don\u2019t ever need to show the actual original.<br \/>\n3:22<br \/>\nSo, as you can see, this is for Ohio, and it\u2019s for whatever county in Ohio, because there\u2019s lots of different counties for State, right?<br \/>\n3:29<br \/>\nAnd pretty much this language is on, is almost the same, everywhere, in the country.<br \/>\n3:34<br \/>\nNow, over here, where we have the three lines, that\u2019s going to be the legal description of the property. If you don\u2019t know what that is, you can again, you can find it on public records, you can find it with your tax appraiser\u2019s office.<br \/>\n3:45<br \/>\nUsually, it\u2019s on the Internet, I mean you can search on the Internet for the name of your county and the Tax appraisers office in your state and then you\u2019ll, you, can look up your property or a property one that you want to find that, may not be yours. For. some reason, you can find the legal description of that property, OK.<br \/>\n4:00<br \/>\nAll right, um, now you\u2019ll notice this document that I got off the internet.<br \/>\n4:05<br \/>\nIt does not have a place for jeer at where I can have my signature notarized, I think you should have it notarized. I think that\u2019s the proper way to do it. So, maybe this is the first page of, maybe the second page had the jouret on there, OK? So let\u2019s just go over to the document I have, Now, this document I probably got from my, my own database that I use, and all I did so far, as you can tell. I just put any old name there, OK?<br \/>\n4:32<br \/>\nAnd then I went and copied some elements from this other document, that\u2019s all you\u2019re doing.<br \/>\n4:37<br \/>\nSee, I just put Ohio here and then, it\u2019s going to be county of, I don\u2019t even know what county it\u2019s going to be in.<br \/>\n4:47<br \/>\nWho cares right? Then.<br \/>\n4:53<br \/>\nThere\u2019s consideration for some of zero dollars, now, in this case, I\u2019m going to do a quick claim deed. And Pretty much all the time I do these, it\u2019s going to be for estate planning, is what I\u2019m normally doing. I\u2019m not going to sell the property in this case.<br \/>\n5:06<br \/>\nso, I\u2019m just gonna put zero dollars, and It\u2019s paid to the seller, right? And you put the seller\u2019s address and all this stuff.<br \/>\n5:17<br \/>\nYou can see how it\u2019s all.<br \/>\n5:18<br \/>\nJust, you can just type it out, OK?<br \/>\n5:20<br \/>\nYou can just start this document from a blank page. In fact, you don\u2019t even need all these lines here.<br \/>\n5:26<br \/>\nIf you know how to make them fine, I mean, it\u2019s not that important. You just leave enough space, right? It\u2019s not that complicated.<br \/>\n5:32<br \/>\nUm, and I\u2019m gonna deeded over to an LLC. As, you know, me, I\u2019ll get a more than likely, do that almost every time. And, then, I\u2019m gonna say what it is. I don\u2019t have to say what it is, because this says what it is, LLC, right. But, I just add this here, to be redundant. You don\u2019t have to.<br \/>\n5:48<br \/>\nUm, sometimes you don\u2019t want to say what state it\u2019s from.<br \/>\n5:53<br \/>\nIt\u2019s, you know, it\u2019s, it depends on the situation. So, I\u2019m gonna deed over all my interests, OK?<br \/>\n5:59<br \/>\nTo this LLC now, it can be used in a couple of ways, if I\u2019m gonna do a deep quitclaim deed like this, I\u2019m going to retain beneficial interests More than likely that just means, if I\u2019m the title holder, and I felt like this quitclaim deed to my LLC and even if the LLC is owned by an association or trust or something, I\u2019m still going to have, I still care about the property, right?<br \/>\n6:23<br \/>\nSo I still retain the beneficial interest, but I don\u2019t want my name on the title. That is where you have the risk, that\u2019s the liability. OK, so that\u2019s all I\u2019m doing here. So I can, the reason I\u2019m saying it though, is because I can still get whatever tax benefits there are.<br \/>\n6:38<br \/>\nBecause I retain beneficial interests. But at the same time, I\u2019m not going to.<br \/>\n6:43<br \/>\nI have my personal liabilities attached to the property.<br \/>\n6:47<br \/>\nNow, this doesn\u2019t mean you\u2019re not having to pay property taxes, so that\u2019s still going to be, you know, a bill that you have to pay.<br \/>\n6:55<br \/>\nUm, yeah, there\u2019s, there\u2019s no real consideration here.<br \/>\n6:58<br \/>\nSo, now, here, I put being all of legal description, I just, this is a, a phrase that comes with the document.<br \/>\n7:06<br \/>\nThat phrase is going to be, really be the three lines you see here in this other original document. That\u2019s the legal description, Now. Sometimes your legal description, it might just be one sentence.<br \/>\n7:17<br \/>\nIt may also be two pages. I\u2019ve seen it, you know, very elaborate legal descriptions, it can be longer than that.<br \/>\n7:22<br \/>\nSo, if it\u2019s lengthy, then you just want to refer to Addendum A or exhibit A, or something like that. And then, right after this, Jeer at, you would put us another, in this case, a second page, and that would be the actual legal description.<br \/>\n7:37<br \/>\nAnd, as you can see here, you know, I need to make this Ohio.<br \/>\n7:42<br \/>\nAnd then, whatever county I want, again, make sure this is correct, and then have it notarized and you know, you can edit this document. You can use MS Word, you can you can literally copy and paste the text, you have to retype it.<br \/>\n7:56<br \/>\nAnd so what I\u2019ll do, I\u2019m just going to save it, and it\u2019s ready to be edited, finally, when I\u2019m finally going to go use it.<br \/>\n8:06<br \/>\nYeah, not that complicated. It\u2019s a quick claim to your quitting your claim on the title.<br \/>\n8:11<br \/>\nConveying it over to some other thing, person, entity, for whatever reason. All right.<br \/>\n8:19<br \/>\nHope that helps make it easy for you.<\/p>\n        <\/div>\r\n    <\/div>\r\n\r\n    \r\n<\/div>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a378548 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a378548\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c32e8aa\" data-id=\"c32e8aa\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9410cbe elementor-widget elementor-widget-spacer\" data-id=\"9410cbe\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0d3dd2a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0d3dd2a\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d165c8c\" data-id=\"d165c8c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-369365d elementor-widget elementor-widget-text-editor\" data-id=\"369365d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><strong><a href=\"https:\/\/privacyfight.io\/wp-content\/uploads\/2021\/09\/Ohio-quit-claim-deed.zip\" target=\"_blank\" rel=\"noopener\">Ohio-quit-claim-deed.zip<\/a><\/strong><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0e345e1 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0e345e1\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-240debf\" data-id=\"240debf\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ba74c62 elementor-widget elementor-widget-spacer\" data-id=\"ba74c62\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-60763f1 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"60763f1\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-e6de331\" data-id=\"e6de331\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7a30611 elementor-widget elementor-widget-text-editor\" data-id=\"7a30611\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><strong>Summary<\/strong><\/p><p style=\"padding-left: 40px;\">1. The speaker discusses preparing a quitclaim deed, which is a legal instrument used to transfer interest in real property.<br \/>2. The process is similar to what the speaker has done in the past for other states like California, highlighting that many property owners already possess a quitclaim deed from when they initially purchased their property.<br \/>3. The speaker advises that if one cannot find their original quitclaim deed, they can access it from county records, likely where the mortgage is recorded.<br \/>4. A quitclaim deed is essentially a document where a person &#8216;quits&#8217; their claim to a property, often to avoid personal liability or protect against potential liens and judgements.<br \/>5. The speaker also mentions an alternative method called &#8216;equity stripping&#8217;, which involves recording a lien to strip the equity, although it&#8217;s more complex.<br \/>6. The speaker explains how to create your own quitclaim deed, using the Ohio Revised Code as a reference, and underlines the importance of accurately filling out certain sections like the recording date, time, and legal description of the property.<br \/>7. A quitclaim deed does not necessarily need to be purchased and can be created from scratch or by copying elements from existing documents.<br \/>8. The speaker highlights the importance of notarization and retaining a certified copy of the quitclaim deed, noting that the original never needs to be shown.<br \/>9. The deed can be transferred to an LLC for estate planning purposes while retaining beneficial interests to still gain tax benefits.<br \/>10. The speaker concludes by emphasizing that quitclaim deeds are not overly complicated and are a way of conveying property title to another person or entity.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-eaae342 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"eaae342\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-61dcf0f\" data-id=\"61dcf0f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>P19 &#8211; Preparing a Quit Claim Deed for Ohio<\/p>\n","protected":false},"author":131,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[124],"tags":[],"_links":{"self":[{"href":"https:\/\/privacyfight.io\/wp-json\/wp\/v2\/posts\/18566"}],"collection":[{"href":"https:\/\/privacyfight.io\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/privacyfight.io\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/privacyfight.io\/wp-json\/wp\/v2\/users\/131"}],"replies":[{"embeddable":true,"href":"https:\/\/privacyfight.io\/wp-json\/wp\/v2\/comments?post=18566"}],"version-history":[{"count":6,"href":"https:\/\/privacyfight.io\/wp-json\/wp\/v2\/posts\/18566\/revisions"}],"predecessor-version":[{"id":24992,"href":"https:\/\/privacyfight.io\/wp-json\/wp\/v2\/posts\/18566\/revisions\/24992"}],"wp:attachment":[{"href":"https:\/\/privacyfight.io\/wp-json\/wp\/v2\/media?parent=18566"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/privacyfight.io\/wp-json\/wp\/v2\/categories?post=18566"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/privacyfight.io\/wp-json\/wp\/v2\/tags?post=18566"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}