Quit claim deed

Also called a non-warranty deed , a quitclaim deed conveys whatever interest the grantor currently has in the property if any. The grantor only remises, releases, and quitclaims his or her interest in the property to the grantee. There are no warranties or promises regarding the quality of the title. This means that a seller who owns a building or other property can give a quitclaim deed to . However, the grantee of a quit claim deed receives no such assurances. In this case, the grantor is simply “quitting” all claim to the property by giving the grantee.

Quitclaim Deed is . A person who transfers property by quitclaim deed is not. No money is involved in the transaction, no title . A quit claim deed is a legal document used to transfer property, often between family members. These deeds generally come with no guarantees or warranties, so . While a grantor can transfer property to another . A quitclaim deed is a non-warranty dee which offers no protections or warranty of the title. A Warranty Deed provides a number of guarantees from the seller to the buyer. Despite its strange name, a quit claim deed is a very important legal document, especially when passing property to a family member.

When you sell real property, . All real estate transactions must be in writing. APN: The undersigned grantor(s) declare(s):. The document submitted for recording must be legible and at least 10-point font type size. PLEASE PRINT CLEARLY.

DOCUMENT WILL BECOME . State, Zip: QUITCLAIM DEED. Hereby remise, release and forever quitclaim to. The following described real . The individual who uses a quitclaim deed is called a grantor. Learn more about them here.

Read this article if you or your ex-spouse got a house, lan or other real property in your divorce or separate maintenance. You may need a quitclaim deed to . A document by which a grantor conveys his or her present interest, if any, in a given parcel of real property to a grantee without representing, . A warranty deed or quit claim deed TRANSFERS TITLE or OWNERSHIP of real property. The purpose of quit claim deeds is for an individual to convey away any real or perceived interest in a piece of real estate and can encompass one property or all . An instrument of conveyance of real property that passes any title, claim, or interest that the grantor has in the premises but does not make any.

This type of ownership transfer is like an “AS IS” sale . Patrick Watts of the Watts Law Firm, located in Summerville, South Carolina, explains the difference between warranty and quitclaim deeds. The entity transferring its interest is called the grantor, .