Quitclaim Deed Example?


A quitclaim deed is a document that allows you to transfer ownership of property to another person. It is a document that is also used to transfer liability of a property from one person to another. In other instances it is used to remove a shareholder from the ownership of a property. The document is legal and binding and may be produced in a court of law to settle disputes relating to ownership of property.
2 Additional Answers
Ask.com Answer for: what is a quitclaim deed
quitclaim deed
a deed that conveys to the grantee only such interests in property as the grantor may have, the grantee assuming responsibility for any claims brought against the property.
Source: Dictionary.com
A Quitclaim deed is a legal document which transfers your interest in a property for example a house or land to another individual. In the agreement, the person giving the property is called the grantor while the one who is getting the property is called the grantee. It usually transfers all the interest, but the grantor makes no warranties of any kind on the property.
Q&A Related to "Quitclaim Deed Example?"
The purpose of a Quit Claim deed is to transfer property to another person, and put the property in the other person's name. Quit Claim deeds are commonly used among families when
1. Complete the deed form. All deeds contain the names of the granting party and the receiving party as well as the legal address of the property being conveyed and the purchase price
A quitclaim deed is the instrument by which a person transfers their interest in land to another person.
1 Contact the county clerk's office in the county in which your property is located and ask the clerk recorder, or recorder of deeds, what is required to file a quitclaim deed. Ad
Explore this Topic
Quitclaim Deeds are very simple and effective instruments. Typically, to fill out a quitclaim deed the grantor and grantee simply need to sign, and a notary stamp ...
The purpose of a quitclaim deed is to relinquish your ownership of an asset and transfer it to someone else. Normally quitclaim deeds are used to transfer property ...
1. Determine if fraud or misinformation was involved when you signed the quitclaim deed. If you can prove that the transfer of your ownership was invalid, you ...
About -  Privacy -  AskEraser  -  Careers -  Ask Blog -  Mobile -  Help -  Feedback © 2014 Ask.com