What is a deed of quitclaim?

A deed of quitclaim is a legal document used to transfer ownership of property located in Washington. It is important to understand the legal implications of such a document before signing it. A quitclaim deed transfers any and all ownership interest (title) of a person or entity to another. The language used in the deed is usually “I hereby quitclaim”, followed by the name of the grantor (the person giving up the ownership interest). This type of deed does not verify the validity of the title being transferred. It is important to note that a deed of quitclaim does not guarantee that the grantor owns the property or has the right to transfer it. The deed does not imply any warranty of the title by the grantor. As a result, any disputes as to the validity of the title may need to be pursued at a later date. The deed of quitclaim is commonly used to transfer property between family members, to correct errors on a current deed, or to add or remove a name from a deed. It is important to use a qualified lawyer to complete the deed and ensure all the legal steps are taken. A deed of quitclaim is an important document used to transfer ownership of property in Washington. It is advisable to discuss the legal implications with a qualified lawyer beforehand to ensure all terms are fully understood.

Related FAQs

What is a deed of distribution?
What happens if a title defect is discovered?
What is an accession?
What is the difference between a license and an easement?
What is a landlord's duty to provide safe housing?
What is a deed of exchange?
What is an agreement to sell?
What is an estoppel certificate?
What is the Uniform Fraudulent Transfer Act?
What is the difference between an easement appurtenant and an easement in gross?

Related Blog Posts

What You Need to Know About Property Law - July 31, 2023
Property Law: What to Look Out For When Purchasing Real Estate - August 7, 2023
Understanding the Basics: A Guide to Property Law - August 14, 2023
Common Types of Property Law Cases - August 21, 2023
The Impact of Property Law on Real Estate Transactions - August 28, 2023