QUITCLAIM DEED
(Oklahoma – Form Template)
[// GUIDANCE: This template is designed for use in the State of Oklahoma. It purposefully tracks Oklahoma statutory recording and acknowledgment requirements and is drafted to convey real property without warranties or covenants of title. Customize all bracketed items, verify the legal description, and perform a title review before execution and recordation.]
TABLE OF CONTENTS
- Document Header
- Definitions
- Operative Provisions
- Representations & Warranties
- Covenants & Restrictions
- Default & Remedies
- Risk Allocation
- Dispute Resolution
- General Provisions
- Execution Block
- Notary Acknowledgment (Oklahoma Short Form)
1. DOCUMENT HEADER
QUITCLAIM DEED
THIS QUITCLAIM DEED (this “Deed”) is made and entered into effective as of [EFFECTIVE DATE] (the “Effective Date”), by and between:
1) [GRANTOR’S FULL LEGAL NAME], a [TYPE OF ENTITY / INDIVIDUAL] whose mailing address is [ADDRESS] (“Grantor”); and
2) [GRANTEE’S FULL LEGAL NAME], a [TYPE OF ENTITY / INDIVIDUAL] whose mailing address is [ADDRESS] (“Grantee”).
RECITALS
A. Grantor is the sole owner of that certain real property situated in [COUNTY NAME] County, Oklahoma as legally described on Exhibit A attached hereto (the “Property”).
B. Grantee has paid to Grantor the sum of [CONSIDERATION AMOUNT] Dollars (US $[___]) and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged.
C. Grantor now desires to convey, and Grantee desires to receive, all of Grantor’s right, title, and interest in and to the Property without warranty of title, all in accordance with Oklahoma law.
NOW, THEREFORE, for and in consideration of the mutual covenants herein contained and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Grantor and Grantee agree as follows:
2. DEFINITIONS
For purposes of this Deed, the following terms shall have the meanings set forth below. Defined terms may be used in singular or plural forms and shall apply with equal effect to all derivative grammatical forms.
“Effective Date” – has the meaning set forth in the introductory paragraph.
“Grantor” – has the meaning set forth in the introductory paragraph.
“Grantee” – has the meaning set forth in the introductory paragraph.
“Property” – has the meaning set forth in Recital A and Exhibit A.
“Oklahoma Recording Statutes” – Title 16 of the Oklahoma Statutes and any successor or comparable provisions governing real property conveyances and recordation requirements.
3. OPERATIVE PROVISIONS
3.1 Conveyance. Grantor hereby QUITCLAIMS, bargains, sells, and conveys unto Grantee all of Grantor’s right, title, and interest in and to the Property, together with all appurtenances, hereditaments, and improvements thereon, without any express or implied covenants, warranties, or representations of title.
3.2 Consideration. The consideration for this conveyance is the amount recited in the Recitals, receipt of which is acknowledged by Grantor.
3.3 Documentary Stamps. Pursuant to 68 O.S. § 3201 et seq., documentary stamp tax in the amount of $[___] has been (or will be) affixed hereto. [// GUIDANCE: The tax rate is currently $0.75 per $500 of consideration. Confirm latest rate before filing.]
3.4 Delivery & Acceptance. Delivery of this Deed by Grantor and acceptance by Grantee shall be deemed effective upon the later of (i) physical or electronic delivery of an executed original, and (ii) payment of the consideration.
4. REPRESENTATIONS & WARRANTIES
4.1 Grantor’s Authority. Grantor represents that:
(a) Grantor is the lawful owner of the Property;
(b) Grantor has full right, power, and authority to execute and deliver this Deed; and
(c) The execution and delivery of this Deed does not violate any contract or legal obligation binding upon Grantor.
4.2 No Warranties of Title. EXCEPT AS EXPRESSLY STATED IN SECTION 4.1, THIS CONVEYANCE IS MADE WITHOUT WARRANTIES OR COVENANTS OF TITLE, EITHER EXPRESS OR IMPLIED, INCLUDING, WITHOUT LIMITATION, WARRANTIES OF MERCHANTABILITY, NONINFRINGEMENT, FITNESS FOR A PARTICULAR PURPOSE, OR QUIET ENJOYMENT. Grantee accepts the Property “AS IS, WHERE IS, WITH ALL FAULTS.”
[// GUIDANCE: The above exclusion mirrors the essence of a quitclaim deed and aligns with “Liability Caps: no_warranties” in the metadata.]
4.3 Survival. The representations in Section 4.1 survive the recording of this Deed for a period of twelve (12) months and shall be Grantee’s exclusive remedy for any breach thereof.
5. COVENANTS & RESTRICTIONS
5.1 Further Assurances. Grantor shall, at no additional cost to Grantor, execute such reasonable documents as may be necessary to effectuate the intent of this Deed, provided such instruments do not expand Grantor’s liability.
5.2 Existing Encumbrances. This conveyance is expressly subject to:
(a) all matters of public record;
(b) current taxes and assessments not yet due and payable; and
(c) easements, rights-of-way, and restrictions of record.
[// GUIDANCE: If Grantor is to satisfy or remove liens, insert additional covenants here.]
6. DEFAULT & REMEDIES
6.1 Events of Default. Solely for purposes of Section 4.1 representations, a “Default” occurs if any representation is materially false on the Effective Date.
6.2 Notice & Cure. Grantee must deliver written notice of Default within twelve (12) months of the Effective Date, and Grantor shall have thirty (30) days to cure.
6.3 Exclusive Remedies. Grantee’s sole remedy for uncured Default is rescission of this Deed and return of the consideration paid.
7. RISK ALLOCATION
7.1 Indemnification. None. (See metadata directive “Indemnification: none.”)
7.2 Limitation of Liability. Except for intentional fraud, Grantor’s aggregate liability shall not exceed the consideration received.
7.3 Force Majeure. Neither party is liable for failure to perform hereunder due to acts of God, war, governmental action, or other events beyond reasonable control; provided that payment and recording obligations are expressly excluded from this Section.
8. DISPUTE RESOLUTION
8.1 Governing Law. This Deed and any dispute arising hereunder shall be governed by the real property laws of the State of Oklahoma, without regard to conflict-of-laws principles.
8.2 Forum Selection. The parties irrevocably submit to the exclusive jurisdiction of the state courts located in [COUNTY NAME] County, Oklahoma for any action or proceeding arising out of or relating to this Deed.
8.3 Arbitration. Expressly excluded.
8.4 Jury Waiver. None (see metadata).
8.5 Injunctive Relief. The parties may seek temporary or preliminary injunctive relief solely to enforce the recording of corrective instruments, but no party may obtain injunctive relief inconsistent with the “as-is” nature of this conveyance.
9. GENERAL PROVISIONS
9.1 Entire Agreement. This Deed constitutes the entire agreement between the parties concerning the subject matter hereof and supersedes all prior agreements or understandings.
9.2 Amendments; Waivers. No amendment or waiver is effective unless in writing and signed by the party against whom enforcement is sought.
9.3 Assignment. Grantee may assign this Deed upon recording the assignment; Grantor may not assign its obligations hereunder.
9.4 Successors & Assigns. This Deed binds and inures to the benefit of the parties and their respective successors and permitted assigns.
9.5 Severability. If any provision is held invalid, the remaining provisions remain in full force to the maximum extent permitted by law.
9.6 Counterparts; Electronic Signatures. This Deed may be executed in counterparts, each of which is deemed an original, and all of which together constitute one instrument. Signatures delivered electronically or by facsimile are deemed original.
10. EXECUTION BLOCK
IN WITNESS WHEREOF, Grantor has executed this Quitclaim Deed as of the Effective Date.
GRANTOR:
[GRANTOR NAME],
a [TYPE OF ENTITY / INDIVIDUAL]
By: ______
Name: [NAME]
Title: [TITLE, if applicable]
Date: _____
GRANTEE:
[Signature block optional; not required for deed effectiveness under Oklahoma law, but often included for acknowledgment.]
11. NOTARY ACKNOWLEDGMENT – STATE OF OKLAHOMA
State of Oklahoma )
County of _ ) ss.
On this _ day of __, 20____, before me, the undersigned Notary Public in and for said State, personally appeared [NAME OF SIGNATORY], to me known to be the identical person who executed the foregoing instrument as [Grantor/Grantee] and acknowledged to me that (s)he executed the same as his/her free and voluntary act and deed for the uses and purposes therein set forth.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year last above written.
Notary Public, State of Oklahoma
My commission expires: ___
Commission No.: ___
EXHIBIT A
Legal Description of Property
[INSERT FULL METES-AND-BOUNDS DESCRIPTION OR LOT/BLOCK/SUBDIVISION DESCRIPTION]
[// GUIDANCE: Verify against the last deed of record. A scrivener’s error in the legal description can void the conveyance.]
[// GUIDANCE:
1. Recording Checklist (Oklahoma):
• Original signed Deed
• Documentary stamp tax paid (or exemption cited)
• Legal description (typed, single font)
• Return-to and Tax statements addresses on first page
• County Clerk’s recording fees (check local schedule)
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Transfer Tax Note: Documentary stamp tax must be affixed before or at recording; exemptions (e.g., nominal consideration) require statutory citation on face of Deed.
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Post-Closing: Grantee should record promptly, order an updated title report, and confirm the County Assessor’s records reflect the new ownership.]