quitclaim deed (Meaning)
Wordnet
quitclaim deed (n)
document transferring title or right or claim to another
Synonyms & Antonyms of quitclaim deed
No Synonyms and anytonyms found
quitclaim deed Sentence Examples
- The quitclaim deed transfers only the grantor's current interest in the property, without any warranties of title.
- A quitclaim deed does not guarantee that the grantor owns or has the right to convey the property.
- Quitclaim deeds are often used to transfer property between family members or other parties who trust each other.
- A quitclaim deed is not as comprehensive as a warranty deed, which conveys a stronger guarantee of title.
- The language in a quitclaim deed typically includes phrases like "conveys and quitclaims" or "quitclaims all interest."
- Quitclaim deeds are often used to clear title defects, such as a break in the chain of ownership.
- A quitclaim deed can be used to transfer partial interests in property, such as an undivided fractional interest.
- It is important to note that a quitclaim deed does not create or convey a title, but only transfers the grantor's existing interest.
- A quitclaim deed is a simple and inexpensive way to transfer property, but it should be used with caution due to the limited warranties it provides.
- Attorneys should be consulted when preparing or reviewing a quitclaim deed to ensure that it accurately reflects the parties' intentions.
FAQs About the word quitclaim deed
document transferring title or right or claim to another
No synonyms found.
No antonyms found.
The quitclaim deed transfers only the grantor's current interest in the property, without any warranties of title.
A quitclaim deed does not guarantee that the grantor owns or has the right to convey the property.
Quitclaim deeds are often used to transfer property between family members or other parties who trust each other.
A quitclaim deed is not as comprehensive as a warranty deed, which conveys a stronger guarantee of title.
