Quit Claim Deed Free Copy. The Quitclaim Deed's Function in a Contract for Deed You may copy, distribute, and display only verbatim copies of the work, not derivative based on it. The entity transferring its interest is called the grantor, and when the quitclaim deed is properly completed and executed, it transfers any interest the grantor has in the property to a recipient, called the grantee.
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In a few steps, you can relinquish ownership. The entity transferring its interest is called the grantor, and when the quitclaim deed is properly completed and executed, it transfers any interest the grantor has in the property to a recipient, called the grantee. A quit claim deed, or what's also spelled as a quitclaim deed, is a New York legal document that transfers title to a real estate property but makes no promises the quit claim deed may not be liable for any encumbrances or liens since they had no actual ownership interest in the property anyway.
These types of deeds and specific terms may come up if you're transferring property between family members or spouses.
To be precise from the usage perspective, a warranty deed is mostly used in property sales guaranteeing that a grantor is free of all liens and has complete interest in the title.
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Unlike a general warranty deed, it does not contain any warranties that the title is free and clear of liens or other restrictions. Answer simple questions to make your document. A quitclaim deed form (or quit claim) is a legal document where the Grantor (or owner/seller) releases their ownership rights of a piece of real property to the Grantee (or purchaser).