Q:

What is a "quitclaim deed" in Florida?

A:

Quick Answer

A quitclaim deed is used to transfer property to a new owner without making promises or guarantees about the title, according to Florida Probate Solutions. The primary requirements for a quitclaim deed are found in Florida Statute 695.26, according to the Lee County Clerk of Court.

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Full Answer

As the Lee County Clerk of Court explains, the exact requirements for the information and formatting for a quitclaim deed varies by clerk's office, which is part of the county-level government. General information includes the names of the grantor and grantee, identifying information for the property, and witness and notary public signatures. Quitclaim deeds are frequently used to add family members to a deed, according to Florida Probate Solutions.

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Related Questions

  • Q:

    How do you fill out a quitclaim deed?

    A:

    A quitclaim deed is handled slightly differently from state to state, reports Realtor.com, but in general it needs to include three basic things: the legal description of what is being transferred, date of the transfer and the names of the grantor and grantee.

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  • Q:

    What is a deed in lieu of foreclosure?

    A:

    A deed in lieu of foreclosure is a title-transferring document that delivers title from the homeowners to the bank that holds the mortgage, according to About.com. Banks are under no obligation to accept a deed in lieu of foreclosure. Another option used to avoid a foreclosure is a short sale.

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    What is a joint tenancy warranty deed?

    A:

    A deed is a written document that transfers title of property from one or more grantors to one or more grantees, and a warranty deed is one type. Joint tenancy is a particular way for more than one person to hold title in property, as opposed to tenancy in common.

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  • Q:

    When do you use a deed in lieu of foreclosure?

    A:

    A deed in lieu of foreclosure transfers the title of a house from the homeowner to the bank collecting on the mortgage. This is done when the homeowner defaults on the home loan and wants to avoid foreclosure.

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