Quitclaim deed
Definition
A document by which a grantor conveys his or her present interest, if any, in a given parcel of real property to a grantee without representing, covenanting, or warranting that the title is good.
Illustrative caselaw
See, e.g. Spreckels v. Brown, 212 U.S. 208, 210 (1909).
See also
Compare to warranty deed
Definition from Nolo’s Plain-English Law Dictionary
A deed that transfers whatever ownership interest the transferor has in a particular property. The deed does not guarantee anything about what is being transferred, however. For example, a divorcing husband might quitclaim his interest in certain real estate to his former wife, officially giving up any legal interest he may have in the property. Quitclaim deeds are used primarily among family members or others familiar with the property and each other. Compare: grant deed, warranty deed
Definition provided by Nolo’s Plain-English Law Dictionary.
August 19, 2010, 5:23 pm
