What is a deed of quitclaim?

A deed of quitclaim is a legal document used in Property Law in Virginia in which one party (the grantor) transfers an interest in real estate to another party (the grantee). The grantor may or may not actually own the real estate and the grantor does not guarantee that the title is valid. A quitclaim deed is often used to transfer property between family members, or to remove a name from a title deed. It is also used when the identity of the real property owner is unknown. When a quitclaim deed is signed, the grantor normally relinquishes or quits all legal rights to the property and so the grantee assumes whatever rights the grantor may have had. This is why the deed is sometimes referred to as a ‘release deed’ or a ‘release of interest deed’. In Virginia, a deed of quitclaim must contain the names and addresses of the grantor and the grantee, the legal description of the property being transferred, the date of the deed and the signatures of the grantor and the grantee. The deed must also be notarized in order to be valid. Once the deed is completed and notarized, it must be filed at the Local Circuit Court Clerk’s Office. In conclusion, a deed of quitclaim is a legal document that allows one party to transfer an interest in real estate to another party. The grantor does not guarantee that the title is valid and relinquishes all legal rights to the property. A quitclaim deed must contain certain information, be notarized, and then filed at the Local Circuit Court Clerk’s Office in order to be valid.

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What is a deed of quitclaim?

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