Definition of Quitclaim Deed

A deed releasing a person's interest in a property without stating the nature of the person's interest or rights, and with no warranties of ownership. While a quitclaim deed neither warrants nor professes that the grantor's claim is valid, it does prevent the grantor from later claiming they have an interest in the property.
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Everyone knows that a written document otherwise known as a deed is needed in order to transfer title in real property from one person to another. What everyone does not know is that deeds can be complicated and nuanced, taking multiple forms, each with its own specific implications and particular best uses.
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A quitclaim deed is used when a property transfers ownership without being sold.

What is a quitclaim deed? Definition of quitclaim deed as it pertains to real estate and why it is so confusing to buyers and sellers.

Quitclaim definition, a transfer of all one's interest, as in a parcel of real estate, especially without a warranty of title. See more.
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