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A quitclaim deed is a relatively simple and easy way to transfer any and all interest you may have in a piece of real property to someone else. Unlike a warranty deed, there aren't any extensive (and potentially expensive) searches of...
A quit claim deed, or "quitclaim," transfers the ownership and rights of a property with no guarantees from a grantor ("seller") to a grantee ("buyer"). A quitclaim conveys all ownership interests of the grantor only.
You can create a quitclaim deed online by using a standard template or website with step-by-step instructions. You’ll also find examples of quitclaim deed forms online for reference. It’s an easy process that requires just a few steps, including: Indicate the type of property involved in the transfer (commercial, residential, or land).
Unlike warranty deeds, quitclaim deeds offer zero buyer protection. Much like the accidental misspelling of quitclaim as a quick claim, a quitclaim deed document is a fast way to transfer real estate titles from one owner to another.
A quitclaim deed is a legal document used to transfer real property from one person, known as the grantor, to another person, known as the grantee. It is often used to transfer property between family members or other parties who know each other. A Quitclaim Deed can also be used to relinquish co-owned property in situations such as divorce.
A Quitclaim Deed (also known as a Quit Claim Deed) is a type of real property (i.e. land or a building, like a house or apartment) deed where the grantor or owner of the property transfers (grants) their portion of interest in the property in which the grantor has title.
A quitclaim deed — also called a quick claim deed — transfers property to someone without conducting a traditional sale (a person simply “quits” their “claim” to the property).
For example, if you want to buy a home, a warranty deed protects you from the previous owner’s unpaid property taxes. As a result, warranty deeds are the standard for real estate transactions. Using A Quitclaim Deed To Transfer Property.
If a quick, simple transfer of real property is all you need, you may be able to use a do-it-yourself quitclaim deed. Our blank, printable quitclaim deed template allows an owner to transfer and quitclaim their right and title to real property to a new owner.
Quitclaim, defined: A legal instrument that transfers an interest in real estate from one person or entity (grantor) to another (grantee). As a non-warranty deed, the quitclaim (also commonly spelled "quit claim") conveys only the interest the grantor has. It does not guarantee the grantor legally owns the property.