0
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.
Wiki User
∙ 14y ago
Wiki User
∙ 16y ago"Quitclaim", means that I assign all of my interest in something to you. You are literally quitting all claims you have to something. I can sign a quitclaim deed that gives you all of my rights to the State of Alaska... of course, I have NO rights to the state of Alaska, but I can give them all to you. There is no gaurentee associated with titles and rights.
Wiki User
∙ 16y agoA quitclaim deed is when the grantor releases all his interests in property by passing any interest, claim, or title in which property he has. The Grantor makes no warranties or covenants for title in a quitclaim deed. The Deed only purports to convey such title as the grantor has.
Wiki User
∙ 14y agoThe 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.
Wiki User
∙ 12y agoYes. A quitclaim deed transfers any interest in real estate owned by the grantor to the grantee.
Yes. A quitclaim deed transfers any interest in real estate owned by the grantor to the grantee.
Yes. A quitclaim deed transfers any interest in real estate owned by the grantor to the grantee.
Yes. A quitclaim deed transfers any interest in real estate owned by the grantor to the grantee.
Wiki User
∙ 11y agoQuit Claim Deeds are often mistaken as "quick claim deeds". To perform a Quit Claim Deed one must find the current property deed and find the property's parcel number. Then one must actually prepare the new deed, a process which can either be explained in detail online or can be taken to a professional to be helped with. Sometime countries and/or states have specific ways to formate a deed, so be sure to research information specific to your location. Finally the deed will need to be signed by the Grantor and any other important parties; the signatures wil have to be notarized to be considered legal.
Wiki User
∙ 15y agoA 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.
Wiki User
∙ 12y agoYes. A quitclaim deed transfers any interest in real estate owned by the grantor to the grantee.
Add your answer:
Earn +20 pts
How does a quitclaim deed work on refinancing your home?
A quitclaim deed doesn't figure into the procedure to refinance your home.A quitclaim deed doesn't figure into the procedure to refinance your home.A quitclaim deed doesn't figure into the procedure to refinance your home.A quitclaim deed doesn't figure into the procedure to refinance your home.
What happens if a person has a quitclaim deed and the original owners did not give up ownership of the property?
A quitclaim deed is only effective if it was executed by the owner of the property. If the original owner executed a quitclaim deed then they do not own the land.If the quitclaim deed you refer to was not executed by the owner of the property then it is of no effect.A quitclaim deed is only effective if it was executed by the owner of the property. If the original owner executed a quitclaim deed then they do not own the land.If the quitclaim deed you refer to was not executed by the owner of the property then it is of no effect.A quitclaim deed is only effective if it was executed by the owner of the property. If the original owner executed a quitclaim deed then they do not own the land.If the quitclaim deed you refer to was not executed by the owner of the property then it is of no effect.A quitclaim deed is only effective if it was executed by the owner of the property. If the original owner executed a quitclaim deed then they do not own the land.If the quitclaim deed you refer to was not executed by the owner of the property then it is of no effect.
What does 'trust deeded out to a quitclaim' mean?
Your phrase does not make sense. A quitclaim is a deed. A trust does not deed out TO a quitclaim. You need to clarify your question by adding more details.
Can your siblings and you assign your rights to a joint property to one of the other owners?
Yes. You could accomplish the transfer of your interests by a quitclaim deed.Yes. You could accomplish the transfer of your interests by a quitclaim deed.Yes. You could accomplish the transfer of your interests by a quitclaim deed.Yes. You could accomplish the transfer of your interests by a quitclaim deed.
Uses for quitclaim deed?
A quitclaim deed may be used to convey any interest in real property.
Is property transferred by quit claim deed in Tennessee considered a gift?
Not necessarily. You need to examine the deed to see if there was any consideration mentioned. A quitclaim deed can be used as a gift deed but every quitclaim deed is not a gift deed.Not necessarily. You need to examine the deed to see if there was any consideration mentioned. A quitclaim deed can be used as a gift deed but every quitclaim deed is not a gift deed.Not necessarily. You need to examine the deed to see if there was any consideration mentioned. A quitclaim deed can be used as a gift deed but every quitclaim deed is not a gift deed.Not necessarily. You need to examine the deed to see if there was any consideration mentioned. A quitclaim deed can be used as a gift deed but every quitclaim deed is not a gift deed.
How should an owner transfer ownership of a piece of property that is not owned equally with another person?
Whatever the interest is the owner can transfer it to a new owner by quitclaim deed.Whatever the interest is the owner can transfer it to a new owner by quitclaim deed.Whatever the interest is the owner can transfer it to a new owner by quitclaim deed.Whatever the interest is the owner can transfer it to a new owner by quitclaim deed.
Do you always have a warranty deed in real estate transactions?
No. Quitclaim deeds are often used to transfer ownership of real estate.No. Quitclaim deeds are often used to transfer ownership of real estate.No. Quitclaim deeds are often used to transfer ownership of real estate.No. Quitclaim deeds are often used to transfer ownership of real estate.
If a Quitclaim Deed is signed and later registered when is it in force?
A quitclaim deed is enforceable against the grantor the moment it is executed and delivered to the grantee.
Can you quitclaim to yourself?
No, you cannot quitclaim property to yourself because quitclaim deeds are used to transfer a property's ownership interest from one party to another. Since you cannot transfer property to yourself, a quitclaim deed is not necessary.
How can you relinquish rights to a property that your husband bought with 2 friends in NC?
Your husband must convey his interest to the co-owners by a quitclaim deed.Your husband must convey his interest to the co-owners by a quitclaim deed.Your husband must convey his interest to the co-owners by a quitclaim deed.Your husband must convey his interest to the co-owners by a quitclaim deed.
Can a warranty deed be reserve by quit claim deed after a death?
No. A warranty deed cannot be reserved by a quitclaim deed. Deeds convey real property.No. A warranty deed cannot be reserved by a quitclaim deed. Deeds convey real property.No. A warranty deed cannot be reserved by a quitclaim deed. Deeds convey real property.No. A warranty deed cannot be reserved by a quitclaim deed. Deeds convey real property.
