We recently finished probate for my MIL and got all the approved documents back from the court. The judge approved a small estate affidavit showing the distributees of the estate. When I contacted the County Clerk about how to transfer my MIL's interest in the property to her heirs, they said all we have to do is prepare a new deed transferring the property and file it. The clerk does not automatically do this when they receive the documents from the probate court.
Where I'm getting hung up is the part of a General Warranty Deed that states something to the effect of "For the sum of _____ dollars and other valuable consideration ..." The property is being transferred from a deceased person to their heirs, there is no transacting of money or other "valuable consideration."
I'm looking for advice on how to approach this issue to prepare an appropriate deed.
Alternatively, when we place the property on the market, is it reasonable to include this transfer among the work the title company is required to do during the processing of the sale? Would a title company just prepare the deed for us and we go file it independent of a sale?
Where I'm getting hung up is the part of a General Warranty Deed that states something to the effect of "For the sum of _____ dollars and other valuable consideration ..." The property is being transferred from a deceased person to their heirs, there is no transacting of money or other "valuable consideration."
I'm looking for advice on how to approach this issue to prepare an appropriate deed.
Alternatively, when we place the property on the market, is it reasonable to include this transfer among the work the title company is required to do during the processing of the sale? Would a title company just prepare the deed for us and we go file it independent of a sale?