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How does a quick claim deed work?

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2009-12-28 10:49:30
2009-12-28 10:49:30

The term is actually "quitclaim", not "quick claim". The document must be signed, notarized and recorded and the recorder's office to be valid. It must contain the address of the property and a legal discription. It basically means "what interest I have in the property, I convey to you". This is not as good as a grant deed, which conveys a warranty of title. Consult a local attorney familar with the laws of your state for further assistance.

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In order to file a quick claim deed, a person must have a written form that is signed before a notary that outlines the assets and conditions of the deed. A quick claim deed must also have a grantor and a grantee.

There is no such thing as a quick claim deed. Quitclaim deed is the correct term. A quitclaim deed is a written instrument used to transfer an owner's interest in real property.

Quick Claim Deed is usually misspelled and should be Quit Claim Deed. If you are granting the deed you are "quitting" any interest in the property. A quitclaim deed is a fast and effective way of transfering property.

It is a 'quit claim' deed. It means the grantor gives any rights to the property to the new person.

First of all, although it is often times called a "quick claim deed", it is actually called a "quit-claim deed". What one is doing who is transferring real property via a quit-claim deed is quitting or giving up whatever claim they have in the property. A quit-claim deed, therefore, can be a risky way of purchasing property when compared to using title insurance.From there, the process depends on state law. The Grantor is the person who is quitting their claim, the Grantee is the one who is receiving the claim.

You can transfer your real property to the trustee of a trust using a quitclaim deed.

They are not the same, a quit claim deed is a method of transferring rights to property. Joint owned is a form of ownership.

A deed cannot be rescinded. The grantee in the deed is the new owner of the property until they execute a deed that conveys or releases their interest in the property.

In Ohio, signing a quick claim deed to land and a house when your name is on the loan will still make you legally responsible for the loan.

In Ohio, if you sign a quick claim deed to land and a house when your name is still on the mortgage loan, you will still be responsible to the bank.

It is a "quit claim deed" that you have to obtain and you have to refinance to drop the other name. It is a "quit claim deed" that you have to obtain and you have to refinance to drop the other name. It is a "quit claim deed" that you have to obtain and you have to refinance to drop the other name. It is a "quit claim deed" that you have to obtain and you have to refinance to drop the other name.

You are referring to a "quitclaim" deed. If the deed is valid then the person named in the deed is the rightful owner.

It is called a quit claim deed. Once you have filed the quit claim deed, you no longer have a legal right to whatever the deed refers to. The only way to get it back is to have the current person with possesory interest and ownership to sign a quit claim deed in your favor.

no, it is illegal both on the house - both have to sign one can sign a quick claim deed and then the other can refi the house? no, it is illegal both on the house - both have to sign one can sign a quick claim deed and then the other can refi the house?

You could file a quit claim deed. It will not remove your obligations under the mortgage and since the quit claim means they get the same rights you have, it doesn't to any good, except if there is any equity in the property after the sale, they will get it, not you.

The quick claim deed must be filled out by the individual owner. The individual owner must be a shareholder in the limited liability corporation.

No. Once you have conveyed your interest by a quitclaim deed you are no longer the owner and therefore, you have no rights in the property.

If you are not on the title, no, you cannot quit claim the deed. The executor of the estate will have to execute a transfer of the property, once the estate is settled.

The grant deed and quick claim deed are very different. It is possible to get both for the mortgage company. You will need to visit a title company for more details on your specific situation.

It's called a "quick" claim deed. Google the phrase using the correct term...should be lots of info on the internet. A "Quitclaim" (not "quick") deed is a legal instrument used to transfer title to real property. It will likely be necessary for the person to purchase a form at a office supply store. It is very simple to fill out and must be notarized and recorded in the county where the property (not the persons named) is located. *Actually it's called a quitclaim, not quick claim.

Try www.udeed.com for deed preparation

A QUITCLAIM deed conveys whatever interest, if any, the grantor has in the property. In order to determine what interest the grantor may have a comprehensive title examination must be performed by a professional.


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