The Virginia Quitclaim 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 Virginia quit claim deed simply transfers whatever rights the holder has to the property.
The completely free Virginia quit claim deed is a legal instrument that is utilized to pass on ownership of property from one person to another. Quit claim deeds are at the same time in some locales called quick claim deeds since they are a quick solution to execute real estate transfers. As soon as it is signed, the deed should certainly be recorded in your regional tax office, registry of deeds, or wherever realty dealings are recorded in your area.
The Virginia quit claim deed is most popularly utilized when real estate is passed on without a typical sale. An example would be real estate being converted in between family such as mothers and fathers giving or selling a house to their children. This sort of deed can at the same time be used in between divorcing partners when one partner keeps the household and the other is relinquishing his/her rights to the home. Transfers utilizing a quit claim deed do not normally need a title search or title insurance coverage.
Example of Virginia Quitclaim Deed
Virginia Quitclaim Deeds
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