See also: Quit Quitclaim Quitclaimed Quite Quitting Quito Quitch Quitted Quitten Quitter Quittle Quittor Quitar Quiteria Quitarse Quittance Quit-rent Quitrent
1. Quitclaim definition is - to release or relinquish a legal claim to; especially : to release a claim to or convey by a Quitclaim deed
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2. How to use Quitclaim in a sentence.
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3. A Quitclaim deed is a fast way to transfer property to a buyer
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4. But you should know that, u nlike general or special warranty deeds, the Quitclaim includes no protections for the buyer.Types of Deeds There are three types of real estate deeds:
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5. A Quitclaim deed releases a person's interest in a property without stating the nature of the person's interest or rights, and with no warranties of that person’s interest or rights in the property.
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6. Quitclaim deeds are most often used to transfer property between family members
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7. A quit claim deed (also “Quitclaim deed”) is a legal document used for an individual (the “Grantor”) to terminate, or “quit,” any interest or claim to a specified real property, allowing that interest to be transferred to a recipient (the “Grantee”).Such real property may be a house, a piece of land, a vacant lot, or any other property considered “real property.”
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8. A Quitclaim deed transfers the ownership of property without making any warranties
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9. For this reason, Quitclaim deeds are only appropriate when transferring property between close family members, such as divorcing spouses.
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10. The Quitclaim deed affects ownership and the name on the deed, but it does not affect the name on the mortgage
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11. A Quitclaim deed doesn’t offer the same protections or guarantees as a standard or warranty
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12. Although Quitclaim deeds are not specifically defined in the Florida Statutes, the correct language,
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13. A Quitclaim Deed is a legal document used to transfer property from one person, the Grantor, to another person, the Grantee
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14. A Quitclaim Deed can also be used to relinquish co-owned property in situations such as divorce.
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15. The meaning of a Quitclaim deed lies, literally, within its name
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16. A Quitclaim deed is a document that is used to transfer ownership of real estate from one party to another
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17. Quitclaim deeds are also sometimes called quit claim deeds or quick claim deeds because they are a fast way to accomplish real estate transfers
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18. Upon any termination of this Lease, Tenant shall, at Landlord's request, execute, have acknowledged and deliver to Landlord a Quitclaim deed of Tenant's interest in and to the Premises.If Tenant fails to so deliver to Landlord such a Quitclaim deed, Tenant hereby agrees that Landlord shall have the full authority and right to record such a Quitclaim deed signed only by Landlord and
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19. The main difference between a Quitclaim deed and a warranty deed is a Quitclaim deed does not guarantee that the grantor owns the property
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20. Quitclaim deeds also don’t protect the grantee (buyer) from any other claim or liability the property might have.
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21. A Quitclaim deed is a release by the grantor, or conveyor of the deed, of any interest the grantor may have in the property described in the deed
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22. Generally a Quitclaim deed relieves the grantor of liability regarding the ownership of the property.
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23. A Quitclaim deed is a legal document used to quickly and easily transfer the ownership of real estate to another person
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24. Unlike a warranty deed, which is also used to transfer property, a Quitclaim deed does not include any guarantee that the grantor (person transferring the property) has full ownership.
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25. Quitclaim deed definition is - a legal instrument used to release one person's right, title, or interest to another without providing a guarantee or warranty of title.
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26. A Quitclaim Deed is a document stating that a person is giving up their legal interest in a real property, such as land or a house
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27. A Quitclaim deed is quite different
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28. A seller who gives a Quitclaim deed is promising merely to convey whatever interest he or she might have in the property
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29. A Quitclaim deed passes only such right, title, and interest as the grantor has at the time of making the deed.
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30. A Quitclaim deed is a legal document used to convey an interest in real property
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31. What is a Quitclaim deed? It's a legal document that transfers any ownership claim, interest, right or title a person or entity may have in a property to someone else.
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32. Definition of Quitclaim in the Definitions.net dictionary
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33. What does Quitclaim mean? Information and translations of Quitclaim in the most comprehensive dictionary definitions resource on the web.
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34. This Quitclaim represents the entire agreement between the First Party and the Second Party and supersedes all prior negotiations, representations, agreements, either oral or written
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35. This Quitclaim may be amended only by a written instrument signed and agreed upon by both Parties.
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36. Sometimes known as a non-warranty deed, a Quitclaim deed is also used to transfer ownership of real estate property from the current owner (the …
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37. A Quitclaim deed is a legal document used to transfer property interest from one party (grantor) to another (grantee)
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38. Quitclaim deeds offer little buyer protection and are most often used to transfer property between family members.
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39. This form is a Quitclaim Bill of Sale
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40. The seller Quitclaims to the buyer any and all interest he/she may have in certain personal property
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41. A Quitclaim is a particular type of property deed
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42. Quitclaims are the simplest type of property deed, and people
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43. Quitclaim deeds are only as good as the title on the property
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44. If the title on the property is cloudy, the Quitclaim deed will be defective
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45. A Quitclaim deed conveys whatever interest—if any—you have in the property
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46. A Quitclaim deed is commonly used when you want to: Transfer property to or from a revocable living trust.
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47. Georgia.gov Blog: Quitclaim Deeds
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48. Find 73 ways to say Quitclaim, along with antonyms, related words, and example sentences at Thesaurus.com, the world's most trusted free thesaurus.
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49. 1 DEED OF RELEASE, WAIVER AND Quitclaim (with NOTICE OF SATISFACTION OF JUDGMENT) KNOW ALL MEN BY THESE PRESENTS: In exchange for the following lawful and valuable considerations, which I acknowledged to have received with full knowledge and to my full satisfaction: CONSIDERATIONS (list of considerations received by the …
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50. Quitclaim Deeds in California According to California law, a Quitclaim deed is a document that enables you to relinquish and/or transfer real property interest, whether recorded or not, in land and or gas, mineral, or oil rights
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51. Most people who sign Quitclaim deeds do so when they are transferring the property to a family member.
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52. Synonyms for Quitclaim include surrender, renounce, abandon, cede, yield, relinquish, abnegate, abjure, waive and forgo
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53. Once the Quitclaim deed has been prepared, executed, and accepted by the grantee it should be recorded in the jurisdiction where the property is located
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54. While an unrecorded Quitclaim deed can still be valid, recording the document provides constructive notice to the world and enters the document into the property’s chain of title enabling
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55. A Quitclaim Deed is used to transfer ownership in a piece of property to another person without guaranteeing that the current owner (grantor) holds the property with clear title
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56. A Quitclaim is commonly used between spouses or parties that know each other.
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57. Quitclaim deeds are often used to transfer title ownership between two people who know each other personally, such as a spouse or relative
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58. A warranty deed is the opposite of a Quitclaim deed—it includes a guarantee (or warranty) that the grantor is the legal title holder.
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59. A Quitclaim deed is commonly used to convey ownership between people who are related — to spouses, or ex-spouses, or among family members
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60. Quitclaim definition: a formal renunciation of any claim against a person or of a right to land Meaning, pronunciation, translations and examples
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61. A Quitclaim deed would transfer the interest that the ex-spouse would have in the property to the other ex-spouse without providing any guaranty of the title
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62. Interspousal transfer deeds are similar to Quitclaim deeds and relinquish any further claim of community property.It can be signed by a current spouse or a spouse in the midst of a separation or going through final divorce proceedings.
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63. The Quitclaim deed confirms only that a grantor agrees to transfer his interest in in real property, should the grantor actually have an interest in the property
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64. Because of this, Quitclaim deeds are usually not utilized when property has an outstanding mortgage.
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QUITCLAIM [ˈkwitklām]
NOUN
VERB
quitclaim (verb) · quitclaims (third person present) · quitclaiming (present participle) · quitclaimed (past tense) · quitclaimed (past participle)
A quitclaim deed and quick claim deed are precisely the same thing . Understanding the Quitclaim Deed A quitclaim is a particular type of property deed. Its primary job is to transfer ownership of a property from one party to another.
other words for quitclaim. abandonment. abjuration. abnegation. abstention. cancellation. denial. disavowal. disclaimer.
Quitclaim deed. A quitclaim deed is a legal instrument by which the owner of a piece of real property, called the grantor, transfers his or her interest to a recipient, called the grantee. The owner/grantor terminates his or her right and claim to the property, thereby allowing claim to transfer to the recipient/grantee.
For the giver, the quitclaim deed is considered a gift if the transaction is not a sale. As such, that person is required to file Form 709 - United States Gift (and Generation-Skipping Transfer) Tax Return with the IRS.