A quitclaim deed is a document that transfers the ownership of real estate from the current owner to a new owner. Usually, deeds contain some type of guaranties, especially as to the validity of the seller's ownership rights to the property. This particular type of deed does not contain any guaranties or covenants as to the validity of the title to the property. This deed merely transfers whatever interest the original owner had, if any, to the new owner. Typically, these deeds are used for inter-family property conveyances. This document can be useful for individuals or entities that want to transfer title to property without providing any guaranties.
Short-Form Quitclaim Deed This Short-Form Quitclaim Deed can be used to convey real estate. Under a quitclaim deed, the party conveying the property (the “grantor”) does not make any representations or warranties as to their ownership of the underlying property. Terms and requirements of a quitclaim deed may vary by state, and even county, but this template is a good starting point. This deed is ideal for individuals or small businesses that want to convey or receive property on a quitclaim basis. QUITCLAIM DEED (Terms and requirements may vary by state law) THIS QUITCLAIM DEED, Executed on the ____ day of __________________, 201____, by the Grantor,______________________________________________ whose mailing address is _________________________________________________________ to the Grantee, ___________________________________whose mailing address is __________________________________________. Both Grantor and Grantee WITNESSETH, that the Grantor, for good and valuable consideration and for the sum of _______________ ($ ) paid by the Grantee, the receipt of which is hereby acknowledged, does hereby remise, release and quitclaim unto the said Grantee forever, all the title, right, interest and claim which the Grantor has in the following described parcel of land, and improvements and appurtenances thereto in the County of_____________________, State of_______________, to wit: IN WITNESS WHEREOF, The said Grantor has signed and sealed these presents the day and year first above written. Signed, sealed, and delivered in presence of: ____________________________ ______________________________ Witness Grantee ____________________________ ______________________________ Witness Grantor © Copyright 2013 Docstoc Inc. 2 Notary Form STATE OF ________________________ COUNTY OF ________________________ On ________________________________before me,__________________________, personally appeared___________________________________________________, personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. WITNESS my hand and official seal. _____________________________ Signature Affiant: _____Known _____Unknown ID Produced: __________________________ [Seal] © Copyright 2013 Docstoc Inc. 3
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