A quitclaim deed is a legal instrument which is used to transfer interest in real property from one party known as a Grantor to another party known as Grantee. It is often mistakenly referred to as a quick claim deed. A quitclaim deed relieves the Grantor of any liability regarding the ownership of the property. Subsequently, the Grantor of a quitclaim deed is not liable to Grantee, if another party’s claim to the property is later discovered. A quitclaim deed does not guarantee that the Grantor has clear title to the property. It’s simply a relinquishment of any rights a Grantor may have in a property.
Looking to Transfer a Property via a QuitClaim Deed?
Attorney Stephen K. Hachey can prepare a quitclaim deed and determine the best way for a party to take title to the property such as joint tenants with right of survivorship, tenants in common, Tenancy by the Entireties (Husband and Wife) or in a Limited Liability Company (LLC). He can also determinate the appropriate Grantors and determine the necessary parties to execute the deed in order for it to be valid. If the property is homestead property, a spouses signature is required even if the spouse is not listed on the prior deed. Attorney Stephen Hachey will also advise on the correct number of witness and proper notarization. He will also calculate the Clerk of Court’s (Clerk) recording fees and will ensure the recording of the deed with the Clerk.
