123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Legal >> View Article

When Is A Quitclaim Real Estate Deed Needed?

Profile Picture
By Author: Carl Glendon
Total Articles: 190
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

A legal document, the Quit claim deed helps in officially conveying the wish of a person to transfer his / her property to some other person or organization. The one who grants the property is referred to as the ‘Grantor’, while the one receiving the property is referred to as the ‘Grantee’. Find out when a Quitclaim Real Estate Deed is used.

Following marriage

After there is a marriage, when a spouse wishes to affix the name of the other spouse to the property title, he / she can do so only through issuing a deed in name of the latter.

During a divorce

This type of special warranty deed is necessary when there is a divorce, and there is transfer of property ownership from one former spouse to another.

During property purchase / sale

When there is purchase or sale of a property, the seller uses a deed to transfer the interest from him to the buyer.

When some interest in property is retained

It can also come in handy in case the previous holder of the property title has retained some amount of interest in the same. A Quitclaim quick deed property transfer can help transfer that interest to the new owner.

Ownership transfer to an inheritor or trust

Someone planning a living trust or a will may use the deed for the transfer of property ownership to a trust or an individual they wish to be the inheritor of the property. For more information about getting a quitclaim deed form in Arkansas, please visit this website.

Once the deed is signed by the grantor, a lawyer has to sign and seal it so as to ensure it is valid. After it is recorded, the grantor, grantee and title insurance agency is given a copy of the deed each. However, the grantor might transfer the rights but does not make any type of warranty on the property.

Author Resource:

Carl writes often about online legal drafting like affidavit, bill of sale and quitclaim deed forms to help the people. You can find his thoughts at quitclaim deeds blog. Please visit this site to get a quitclaim deed form in Pennsylvania.

Total Views: 80Word Count: 380See All articles From Author

Add Comment

Legal Articles

1. Why You Should Hire A Lawyer For A Hit And Run Case
Author: Chris Lucero

2. Real Estate Lawyer In Brampton - How They Can Assist You
Author: Alexx

3. Living Safer Magazine Volume 11 – Roundup
Author: Devin Herz

4. The Best Place To Handle Sec Investigations And Enforcement Actions
Author: securitieslegal

5. Ronald Johnson Represents The Bullitt County Board Of Education In Vape Case
Author: Hendy Johnson

6. Public Liability Claims - 3 Common Questions Answered For You
Author: Zane Norman

7. Updates On The New Visa Law That You Must Know
Author: Lester Ong

8. Meet The Women Of Fulmer Sill
Author: Devin Herz

9. Arrested During The Holidays: Options For Using Bail Bonds
Author: All out bail bonds

10. 10 Things That You Should Do After You Have Been Involved In A Road Accident
Author: Chris Lucero

11. Delisi Friday – Analyzing Your Marketing Strategies For The Year
Author: Michael Cowen and Delisi Friday

12. The Ins And Outs Of Filing A Workers Compensation Claim
Author: Jassika Rose

13. Top Legal Firms In Delhi
Author: Priyanka Mehta

14. Three Distraction Categories That You Are Likely To Experience When Driving
Author: Chris Lucero

15. How Does A Private Placement Memorandum May Look Like?
Author: securitieslegal

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: