Constructive Trust. A constructive trust is not an actual trust by the traditional definition. It is a legal fiction that is used as a remedy for unjust enrichment. Hence, there is no trustee, but the constructive trust orders the person who would otherwise be unjustly enriched to transfer the property to the intended party. wex: COMMERCE.
In the past, quitclaim deeds gave complete ownership to the holder after seven years of uncontested use â even if the person who gave you the deed wasnât the real owner. Now, itâs not as simple. More documentation is required as listed in the Official Code of Georgia.
Lawyer and Title Fees Vary by Location. A lawyer either charges a flat fee or an hourly fee to prepare a quitclaim deed. Rates vary by state and law office but typically fall in the range of $200 to $400 per hour.otary and Recording Fees Add to Cost. While states vary in their signing requirement, a quitclaim deed usually is not enforceable unless you sign it before a notary public. At the time of publication, notaries charged between $10 and $20 for their services.