VIEWS: 98 PAGES: 4 CATEGORY: Real Estate POSTED ON: 12/20/2011
This Quit Claim Deed is a legal instrument by which the owner of real property located in Delaware transfers his or her interest to a recipient. The owner terminates his or her right and claim to the property thereby allowing their claim to transfer. A quit claim deed contains no title covenant and offers the recipient no warranty as to title. The recipient is entitled only to whatever interest the grantor actually possesses at the time of the transfer. Because of this lack of warranty, quit claim deeds are most often used to transfer property between family members as gifts, in divorce proceedings or in other special circumstances.
"Delaware Quit Claim Deed"