Quit Claim Deed
Quit Claim Deed
I, ______________, of _____________, _______, the grantor, for and in consideration of one dollars ($1), receipt of which is hereby acknowledged conveys and quitclaims to ________________ of ________, ________, all interest which I (we) have, if any, in the following described real estate:
______________________________________________________________
______________________________________________Dated: ______________________, 20____________
Witnesses:
______________________________________________
Name:______________________________________________
Name:Before me, the undersigned notary, ______________ acknowledged before me that ______________ executed this warranty deed as their free act and deed, and that the witnesses stated above witnessed at the request of ______________ the execution of this deed intending to be bound thereby.
_______________________________________________
Notary
My Commission Expires on:Quit Claim Deed
Review ListThis review list is provided to inform you about this document in question and assist you in its preparation. The Quit Claim Deed should be notarized and filed with the appropriate local registry of deeds.
1. Make multiple copies. Give one to the signatory and the recipient should keep one with the appropriate file after recording it with the local registry of deeds.
Frequently Asked Questions
What is a quit claim deed?
A quit claim deed is a legal document in which the grantor conveys and quitclaims to the grantee all interest they have, if any, in a described piece of real estate. The document includes a consideration of one dollar and requires the grantor's acknowledgment before a notary. It is used to transfer whatever interest the grantor may hold, without any warranty of title.
How does a quit claim deed differ from a warranty deed?
A quit claim deed transfers only the interest the grantor has, if any, in the property, whereas a warranty deed typically includes guarantees about the title. The article notes that the notary acknowledgment in the quit claim deed form mistakenly refers to a warranty deed, but the document itself is a quit claim deed. This distinction means a quit claim deed offers no warranties to the grantee.
Does a quit claim deed need to be notarized?
Yes, the quit claim deed should be notarized. The document includes a notary acknowledgment section where the grantor acknowledges executing the deed as their free act and deed. The review list explicitly states that the Quit Claim Deed should be notarized and filed with the appropriate local registry of deeds.
Where should I file a quit claim deed after it is signed?
After signing and notarization, the quit claim deed should be filed with the appropriate local registry of deeds. The review list provided with the document advises filing with the local registry. This step ensures the transfer is recorded in public records.
What does the grantor convey in a quit claim deed?
The grantor conveys and quitclaims to the grantee all interest which the grantor has, if any, in the described real estate. The deed does not guarantee that the grantor actually owns any interest. The phrase 'if any' indicates that the transfer is of whatever interest exists, without warranty.
What is the consideration for a quit claim deed?
The quit claim deed form in the article states a consideration of one dollar ($1), receipt of which is acknowledged. This nominal amount is common in quit claim deeds, though the actual consideration may be different. The document itself specifies one dollar as the consideration.
Who are the parties involved in a quit claim deed?
The parties are the grantor, who conveys the interest, and the grantee, who receives it. The grantor is identified by name and location, and the grantee is similarly identified. Witnesses and a notary also sign the document to acknowledge the execution.
Are witnesses required for a quit claim deed?
The quit claim deed form includes spaces for witnesses to sign. The notary acknowledgment states that the witnesses witnessed the execution of the deed at the request of the grantor. Therefore, the form contemplates the presence of witnesses, though requirements may vary by jurisdiction.
What should I do before using a quit claim deed?
The article provides a review list to inform you about the document and assist in its preparation. It advises that the quit claim deed should be notarized and filed with the appropriate local registry of deeds. It also suggests making multiple copies, as indicated by the truncated instruction 'Make multiple co'.
Can a quit claim deed transfer property if the grantor has no ownership interest?
A quit claim deed conveys all interest the grantor has, if any, in the property. If the grantor has no interest, the deed transfers nothing. The document makes no guarantees about the grantor's ownership, so the grantee receives whatever interest exists, which may be none.
