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A quitclaim deed is a legal document that conveys interest or rights of a property by a grantor to a grantee. A grantor is the person or entity that owns the property and executes the deed transferring the interest of the property to another person or entity without warranty, while the grantee is the person or entity that receives the title to the property.
The term may be strange but a quitclaim deed is considered a very important legal document. When one sells real estate property, a quitclaim deed must be filed with your county transferring the property from owner to buyer. This agreement will demonstrate that the seller releases all his interests on the property to the buyer.
Instances when quitclaim is used are the following:
A father dies without leaving a will to his adult children. The chil
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