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Quit Claim Deed

Also known as: Quit-Claim Deed - Transfer Deed - Quitclaim Deed


Quit Claim Deed

A quit claim deed is a type of deed where a grantor, a person who owns an interest in a property, transfers all his interests to someone else. The grantor offers no guarantees about the title to the recipient, who is called the grantee.

A quit claim deed is often used to clear up problems with a title or when someone wants to use a simple method to give up all interests in a property.

Quit Claim Deed/partial sample

THIS QUITCLAIM DEED, Executed this ____ day of _______, 20____, by first party_________ whose address is______________ to second party,_______________ whose address is______________.

WITNESSETH, That the said first party, for good consideration and for the sum of $________ paid by the said second party, the receipt whereof is hereby acknowledged, does hereby remise, release and quitclaim unto the said second party forever, all the right, title, interest and claim which the said first party has in and to the following described parcel of land, and improvements and appurtenances thereto in the County of___________, State of___________, to wit:

Property Deeds That Transfer Title to Real Estate

Property deeds are legal instruments that are used to assign ownership of real property, to transfer title to the land and its improvements such as a house. Words used to convey property transfer may be grant, assign, convey or warrant, but they basically all do the same thing, they transfer the interest of the person selling the house to the person buying the house.

If you go to your county courthouse, or where property deeds are recorded, you can look up the history of all property deeds (and other matters affecting title such as loans and releases of those loans) in very large and heavy books. Today, of course, transfers are recorded electronically, but all title is recorded from the day the U. S. Patent was issued in those books.

Before you sign the Quit Claim Deed . . .

    A quit claim transfers only the rights of the person signing the deed. It does not guarantee that other people don't have an interest in the property. If there are other owners, their ownership is not affected by the quit claim.

    Save yourself time, expense, and headache by thoroughly checking out your agreement!

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