Real Estate

Quitclaim Deed

A deed is a legal document by which title to real estate is transferred. A quit claim deed will be utilized only when there is a transfer of real estate where the Seller does not want to give a warranty that they are conveying good title. Consequently, quitclaim deeds transfer the risk of real property having defects of title to the buyer (or grantee). Instruments such as owner's title insurance policy may be helpful in offsetting this risk.

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