Quit Claim Deed

Introduction

A Quit Claim Deed is a document by which a person takes away his own claim to any real estate or property and transfers it to someone else.

This is a document which is normally used to remove any doubts regarding the ownership of any property, especially among family members or between spouses.

Examples

A husband and a wife may independently own property. If the husband wants to remove his claim over his wife’s property, he has to sign such a document in favor of his wife.

A house may be owned by two children of deceased parents. If one child wants not to have any ownership rights over the house, he / she may sign such a document in favor of the other child.

How To

A Quit Claim Deed (or a quick claim deed, as it is often erroneously referred to) is quite easy to execute.

First, it is essential to obtain a legal description of the property. This includes all the details of ownership of the property.

Then get a Quit Claim Deed Form which is usually available at the local office supply store or book store. Fill up the form with the necessary details.

All the grantees of the claim (the people to whom the claim is being given to) have to sign the document in front of a Notary Public, and he / she has to witness the document as well.

Finally, this document has to be recorded at the county clerk’s office.

Take Care

Make sure that the form does not have any errors on it. This could invalidate the form.

Also, by signing a Quit Claim Deed Form, a grantor does not confirm that he has the legal rights to do so. It is necessary to do a title search of a property, to authenticate the ownership.

In such cases, the grantee does not get rights any better than the grantor.