Quitclaim Deed Form
A quitclaim deed is sometimes called a quick claim deed, however quitclaim is the correct name. The quitclaim deed is an instrument that conveys all ownership rights to another co-owner of a property without guarantees. Quitclaim deeds are commonly used by married people seeking a divorce. Usually one spouse signs all his/her rights to the real estate over to the other. Please understand that this device conveys ownership rights only and will NOT end an obligation to re-pay a loan.
A quitclaim deed conveys to the grantee all of the legal or equitable rights the grantor has in the property that existed at the time of the conveyance.
* Grantor - The person or entity that owns the property and executes the deed conveying the property to another person or entity.
* Grantee - The person or entity than receives title to the property.
Most legal documents like a quitclaim deed must be recorded to be valid.
Collect the following information to complete your form:
* Effective Date of the Quit Claim Deed
* Legal Name of ( First Party) the one giving away title to property
* Address of ( First Party )
* Legal Name of ( Second Party )the one receiving title
* Address of ( Second Party )
* Consideration ( $ ) amount of money passed for the release of title
* Location of Property ( county ) ( state )
* Legal Description of Property