The Quit Claim Deed is used to transfer ownership of real estate from one party to another. This type of deed is most often used when the property is being given as a gift. The quit claim deed offers ZERO protection to the buyer (or receiver). The deed simply transfers whatever rights the holder has to the property.
The quit claim deed is a legal instrument that is used to change ownership of land and buildings from one person to another. Since they are a speedy way to finalize real estate transfers, quit claim deeds are likewise often called quick claim deeds. Once it is signed, the deed ought to be registered in your regional tax office, country registrar’s office of deeds, or wherever property transactions are recorded in your region.
The quit claim deed is most popularly executed when real estate is passed on without a common sale. An example would be home being transmitted in between family such as families selling a residence or giving to their child. When one partner keeps the home and the other is relinquishing her/his rights to the home, this type of deed can also be utilized between divorcing partners. Transfers utilizing a quit claim deed do not usually need a title search or title insurance coverage.
Click the name of the state for which you would like to download the quit claim deed. The documents are available in both Microsoft Word and PDF. Be sure to carefully read the deed and provide all of the required information before having it notarized.