It covers no guarantees, warranties or promises to the grantee.
Get Generic Quit Claim Deed
PNG. Sellers demanding for quit claim deeds do not want to convey any covenants to the interested party. It basically refers to a legally binding document which allows for the transfer of interest between two parties in real estate.
46 Free Quit Claim Deed Forms Templates Á Templatelab from templatelab.com
The quit claim (or quitclaim) deed is a different form of a warranty deed. However, you cannot execute a quit claim if it's purpose is to avoid paying debts incurred from the original owner, or to escape a lien. To make sure the deal goes off smoothly, you would be requiring deed forms which help you carry out.
Quitclaims are unique ways of transferring real estate, but like other types of deeds, they exist in order to transfer property interests.
A quit claim deed differs from other types of deeds, as the grantor makes no promises or warranties about the property, or his interest in the property. A quitclaim deed is a legal instrument that is used to transfer interest in real property. It covers no guarantees, warranties or promises to the grantee. Transfer property to a sibling, child, other family member, or business partner.
