quitclaim_deed
Table of Contents
Quitclaim Deed
A quitclaim deed is a deed that conveys whatever interest the grantor may have in real property, without any warranties.
Key Characteristics
- Provides no guarantees of title
- Conveys only the interest the grantor has (if any)
- Does not protect the grantee against defects
- Often used to clear title issues
Common Uses
- Transfers between family members
- Divorce settlements
- Correcting title defects
- Removing a cloud on title
Quitclaim vs Grant Deed
- Quitclaim Deed
- No implied warranties
- Grantor may have no interest at all
-
- Implies ownership and lack of undisclosed encumbrances
Exam Tip
- A quitclaim deed offers the least protection
- Frequently tested as a no-warranty deed
quitclaim_deed.txt · Last modified: by reidjs
