Quit Claim Deed Law and Legal Definition There are two basic types of deeds: a warranty deed, which guarantees that the grantor owns title, and the quitclaim deed, which transfers only that interest in the real property which the grantor actually has.
A quitclaim deed is a legal instrument that is used to transfer interest in real property.The entity transferring its interest is called the grantor, and when the quitclaim deed is properly completed and executed, it transfers any interest the grantor has in the property to a recipient, called the grantee. The owner/grantor terminates (“quits”) any right and claim to the property, thereby ...
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quit·claim (kwĭt′klām′) Law n. The transfer of a title or deed to another, without warranty as to the extent of ownership on the part of the seller. tr.v. quit·claimed, quit·claim·ing, quit·claims To transfer (one's interest in property) without warranty as to the extent of ownership on the part of the seller. adj. Of or relating to such a ...
Used in property law, the term "quitclaim deed" is a legal document that disclaims any interest of a "grantor" in real property by passing the claim onto the "grantee." So a grantor essentially "quits" his or her claim to the property, even if the grantor doesn't have a valid claim.
Florida quit claim deeds must contain a legal property description and the notarized signatures of the grantor, grantee and two disinterested witnesses. To be valid in Florida, a quitclaim deed must contain a legal description of the property, the names and addresses of the grantors and grantees, and the notarized signatures of the grantors ...
In Florida, quitclaim deeds are one of the most common deeds to transfer real estate. (Other common deeds include general warranty deeds, special warranty deeds and personal representative deeds.) This is because a large number of transactions involving quit claim deeds are interfamily transfers (marriage, divorce, probate, etc.) The person signing a signing a quit claim deed (the "grantor .....
Attorney for Quit Claim Deeds in Summerville and Charleston, South Carolina In South Carolina, a quit claim deed is a real property deed which transfers (conveys) only that interest in the property in which the grantor has title.
Quitclaim Deed is sometimes misspelled as "quick claim deed". A Quitclaim Deed is often used between parties who know each other, such as family members or divorcing couples, as with a Quitclaim Deed there is no warranty to the property title. ... LawDepot® is not a law firm and cannot provide legal advice. We provide information and software ...
Learn the basics of a quitclaim deed. Find out how quitclaim deeds work and how they are used to make changes to a property title. In addition to certain guarantees provided by law, LegalZoom guarantees your satisfaction with our services and support.