A Quitclaim Deed is a legal document used to transfer any ownership interest one person may have in real property to another person without making any guarantees about the validity of that ownership. Unlike warranty deeds, it offers no assurances that the grantor actually owns the property or that the title is free of liens or other claims. Instead, it simply conveys whatever interest, if any, the grantor holds at the time of transfer.
A quitclaim deed allows the grantor (the person transferring their interest) to release their claim to a property, if any, and transfer it to the grantee (the recipient). This deed does not specify the extent or validity of the ownership interest, nor does it protect the grantee against any title defects. If the grantor has no ownership, the grantee receives nothing. Commonly, quitclaim deeds include details such as the legal property description, names of the parties, and notarized signatures.
Quitclaim deeds are typically used in non-sale situations where the parties trust each other, such as:
Because there are no warranties, quitclaim deeds are not recommended for traditional property sales where the buyer needs assurance of clear title.
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