Quitclaim

usgb/kwɪtˈkleɪm/
noun

A quitclaim is a type of deed that transfers a person's interest in a property to another person without providing any warranties.

She signed a quitclaim to transfer ownership of the property to her ex-husband.
Visual representation of "quitclaim" - A quitclaim is a type of deed that transfers a person's interest in a property to another person without providing any warranties.

Usage tips

Formal

quitclaim deed,quitclaim transfer,quitclaim property

Definition 1 of 1
Visual representation of "quitclaim"
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Legal Context

Understand that quitclaims do not ensure the title is clear.

Illustration for Legal Context
A quitclaim can be useless if there are existing liens.
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Family Transactions

Often used between family members to avoid the complexities of a full sale.

Illustration for Family Transactions
When transferring property among relatives, quitclaims are common.
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Insecure Transfer

Be aware that this type of transfer comes with risks.

Illustration for Insecure Transfer
Using a quitclaim may leave you owning disputed property.
Visual representation of the word "Quitclaim"

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