Quit Claim Deed

QUIT CLAIM DEED. A Quit Claim Deed is a legal document used to transfer interest in real property from one party (the grantor) to another party (the grantee). Unlike a warranty deed, a quit claim deed does not provide any guarantees or warranties about the property title. It simply transfers whatever interest the grantor has in the property to the grantee. A Quit Claim Deed is commonly used in various real estate transactions, such as transfers within family members, divorces, or when the property owner wants to clear any potential claims others might have on the property. It's important to note that while a quit claim deed transfers the grantor's interest, it doesn't guarantee that the title is clear of encumbrances or defects. Grantees should conduct thorough due diligence or consult legal professionals before accepting property through a quit claim deed. www.FormsWorklflow.com