, sometimes erroneously referred to as a "quick claim deed" or "quit claim deed," is one type of deed. There are also warranty deeds — both a special warranty deed and a general warranty deed. The deed transfers whatever interest the grantor has in the property to the grantee....
A Quit Claim Deed is a legal document in which an individual relinquishes their claim to a property to another person, without any warranties or guarantees to their right to do so. Quit Claim Deeds are often used when transferring property between family members or spouses, or to clear up an...
, sometimes erroneously referred to as a "quick claim deed" or "quit claim deed," is one type of deed. There are also warranty deeds — both a special warranty deed and a general warranty deed. The deed transfers whatever interest the grantor has in the property to the grantee....
Some laypeople call a quitclaim deed aquick claim deed, but this is based on confusion and is always incorrect. There is no such thing as aquick claim deed. Some states recognize another form of deed—called adeed without warrantyorno warranty deed—that is the functional equivalent of a qu...
If challenged in court, the issue becomes whether the property was legally transferred and if the grantor had the legal right to transfer the property. The individual challenging the quitclaim needs to prove the document was invalid and provide thorough evidence to back up their claim. ...
ownership of property to someone. Unlike a warranty deed, the quit claim deed does not offer a warranty to the title. The buyer, or grantee, must accept the title as is. The seller, or grantor, does not accept responsibility to any discrepancy in the title after the deed has been ...
Like other deeds, a quitclaim deed conveys title from a "grantor" or owner to a "grantee." Unlike other deeds, a grantor has no legal liability if the title is flawed in some way. Conveying title with a forged or fraudulent deed, however, is a felony.
What is the difference between a quit claim deed and a survivorship deed? A quitclaim deed is a legal title to a home. ... Title to any property owned with a right of survivorship, however,automatically transfers to the surviving owner without the needfor the property to go through the pr...
A cloud on title is any document, claim, unreleased lien, or other encumbrance that might invalidate or impair a title to real property and/or make the title doubtful. A cloud indicates there is an unresolved problem with the ownership of a property. ...
A deed of release is a legal document that removes a previous claim on an asset. It provides documentation of release from a binding agreement. A deed of release might be included when a lender transfers the title ofreal estateto the homeowner upon satisfaction of themortgage. A deed of rel...