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A quitclaim deed is a legal document that transfers ownership of property from one person to another. It's often used to clear up questions about who owns a property, or to transfer property between family members.
A quitclaim deed doesn't guarantee that the person receiving the property actually owns it - it just confirms that the person transferring the property is giving up any ownership rights they might have.
So if you're thinking about using a quitclaim deed to transfer property, be sure to do your research and make sure that the person receiving the property really does own it.
Published: Oct 21, 2022
Updated: Jul 9, 2023