Formal assignation of renunciation of a claim over property in the form of a legal executed deed. The person holding the interest, the grantor of the quit claim deed, both disclaims rights of property and passes the claim over to the grantee, a person who then holds that interest as property. This can be a simple way of removing obstructions on title. It can also be used to clarify title in cases where multiple interests in a property are held by several parties. This permits sale or transfer of the property if the grantee so wishes having removed other interests. |
Examples of Quit Claim Deed:
Example of How to do a Quitclaim Deed Example Document for Quitclaim Deed Sample Quit Claim Deed |