Get the free Quitclaim Deed

This document serves as a legal instrument whereby an individual (the Grantor) conveys property to a Limited Liability Company (the Grantee) without any warranties regarding the title. The deed outlines

How to fill out quitclaim deed

How to fill out Quitclaim Deed

1. Obtain a quitclaim deed form from a legal stationery store or online.
2. Fill out the title section with the property description including the address.
3. Identify the grantor (the person giving up their interest) and the grantee (the person receiving the interest).
4. Include the consideration amount (if any), even if it's a nominal amount like '$1'.
5. Have the grantor sign the deed in the presence of a notary public.
6. The notary public will then fill out their section and affix their seal.
7. Record the completed and signed quitclaim deed with the local county recorder's office.

Who needs Quitclaim Deed?

1. Individuals transferring property between family members.
2. People who are clearing up a title issue or ambiguity.
3. Divorcing couples who are transferring property between them.
4. Individuals wanting to gift property without formal sale.

People Also Ask about

What are the disadvantages of a quit claim deed?

The bottom line: Understanding quitclaim deeds However, because quitclaim deeds don't guarantee the title is free and clear, they aren't suitable for typical real estate transactions. In short, quitclaim deeds are for transferring property – not buying a home.

What is the meaning of quitclaim?

Generally, a quitclaim is a formal renunciation of a legal claim against some other person, or of a right to land. A person who quitclaims renounces or relinquishes a claim to some legal right, or transfers a legal interest in land.

What is a quitclaim deed in simple terms?

What does a quitclaim deed do? A quitclaim deed transfers the title of a property from one person to another, with little to no buyer protection. The grantor, the person giving away the property, gives their current deed to the grantee, the person receiving the property.

Why would someone use a quitclaim deed?

A quitclaim deed is a simple tool for transferring interest in a property without guaranteeing that the grantor has valid ownership. It's most commonly used in non-sale situations, such as transfers between family members, or to update or clarify ownership titles.

What does quitclaim mean in English?

quitclaim in American English 1. the release or relinquishment of a claim, action, right, or title. 2. a deed or other legal paper in which a person relinquishes to another a claim or title to some property or right without guaranteeing or warranting such title.

For pdfFiller’s FAQs

What is Quitclaim Deed?

A Quitclaim Deed is a legal document that transfers ownership of property from one party to another without any warranties or guarantees regarding the title.

Who is required to file Quitclaim Deed?

Generally, the grantor (the person transferring the property) is responsible for filing the Quitclaim Deed with the local government or appropriate recording office.

How to fill out Quitclaim Deed?

To fill out a Quitclaim Deed, include the names and addresses of the grantor and grantee, a legal description of the property, and the date of transfer. Both parties should sign the document, and it may require notarization.

What is the purpose of Quitclaim Deed?

The purpose of a Quitclaim Deed is to transfer any interest the grantor may have in the property to the grantee, often used in situations like divorce settlements or to clear up title issues.

What information must be reported on Quitclaim Deed?

Required information on a Quitclaim Deed typically includes the names of the parties involved, the property's legal description, the date of the transfer, and signatures of the transferrer and, in most cases, a notary.