What is a quit claim deed?

A quit claim deed is a type of legal document used in residential real estate law in Maryland. The document is used to convey an interest in real estate, meaning to transfer ownership from one person to another. It is often used when transferring property between family members or when a property owner needs to add or remove someone from the title. The quit claim deed states that the grantor (the person giving the property) is giving all of their interest in the property to the grantee (the person receiving the property). The deed does not guarantee that the grantor has any ownership interest in the property, just simply that the grantor is giving anything that they have. In some cases, this may be nothing. It is important to note that the quit claim deed does not guarantee that the grantee will be able to take ownership of the property. The deed does not provide any warranties regarding the title of the property or any rights associated with it. For this reason, it is important to research the property title to ensure there is clear ownership. Finally, the quit claim deed must be signed and notarized to be legally binding in Maryland. The document is then recorded in the county in which the property is located. This creates a record and will be used to provide evidence of the transfer of ownership.

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What is a quit claim deed?

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