What does quit claim deed mean?
Definitions for quit claim deed
quit claim deed
This dictionary definitions page includes all the possible meanings, example usage and translations of the word quit claim deed.
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Wiktionary
quit claim deednoun
a document by which a person (the grantor) disclaims any interest the grantor might have in a piece of real property, and passes that claim to another person (the grantee).
Wikipedia
quit claim deed
Generally, a quitclaim is a formal renunciation of a legal claim against some other person, or of a right to land. A person who quitclaims renounces or relinquishes a claim to some legal right, or transfers a legal interest in land. Originally a common law concept dating back to Medieval England, the expression is in modern times mostly restricted to North American law, where it often refers specifically to a transfer of ownership or some other interest in real property.Commonly, quitclaims are used in situations where a grantor transfers any interest they have in property to a recipient (the grantee) but without offering any guarantee as to the extent of that interest. There may even be no guarantee that the grantor owns the property or has any legal interest in it whatsoever. Specific situations where a precise definition of the grantor's interest (if any) may be unnecessary include property transferred as a gift, to a family member, or into a business entity. The legal instrument by which the transfer is effected may be known as a quitclaim deed or quitclaim agreement. Details of the instrument itself, and the typical circumstances of use, vary by U.S. state.
Numerology
Chaldean Numerology
The numerical value of quit claim deed in Chaldean Numerology is: 6
Pythagorean Numerology
The numerical value of quit claim deed in Pythagorean Numerology is: 6
Translations for quit claim deed
From our Multilingual Translation Dictionary
- quit alegação escrituraPortuguese
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"quit claim deed." Definitions.net. STANDS4 LLC, 2024. Web. 24 Apr. 2024. <https://www.definitions.net/definition/quit+claim+deed>.
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