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The legal instrument by which the transfer is effected may be known as a quitclaim deed or a quitclaim agreement. [3] Details of the instrument itself, and the typical circumstances of use, vary by U.S. state.
Grant deeds strike a balance between protection and simplicity. [2] They use precise and unambiguous language to ensure clarity and understanding, and they include warranties that offer protection against future claims on the property. [2] Grant deeds require full disclosure of any encumbrances on the property, such as liens or restrictions. [1]
Smith insisted that if he were to issue a quit claim deed, it would only open up the church to lawsuits based on the provenance of the Huntley deed, and insisted that the only sensible remedy was for the church to bypass the line of ownership through Huntley and sue to reclaim its ownership as the successor to the original church. [4]
This page was last edited on 31 December 2021, at 20:00 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
Keep the "Quitclaim deed" article and change this one to a re-direct. Also, redirect "Quick claim deed" to "Quitclaim deed".Kgrr 17:28, 8 August 2007 (UTC) I am an attorney; the correct phrase is quit claim deed. I suggest keeping the "Quit Claim Deed" article and then re-directing both Quick Claim Deed and Quitclaim Deed" to "Quit Claim Deed".
The quit-claim deed states: "Said land is hereby conveyed for park, boat haven, beach and playground purposes, or for one or more of the aforesaid purposes, but may be held in an undeveloped state by grantee, its successors or assigns". [citation needed]
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