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quitclaim
(redirected from quitclaiming)

    Also found in: Dictionary/thesaurus, Legal 0.01 sec.
quitclaim: see deed deed, in law, written document that is signed and delivered by which one person conveys land or other realty (see property) to another. A deed may assure the extent of the conveying party's ownership or, if the party is uncertain of the precise extent, he issues a
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quitclaim [′kwit‚klām]
(mining engineering)
Legal release of a claim, right, title, or interest by one person or estate to another.
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While it may be logical for us to pay two-thirds for Valley assets, it is just as logical that Los Angeles will then owe the Valley for our one-third interest in the obviously much more valuable assets, which we would be quitclaiming in Los Angeles.
PUBLIC FORUM FIRING THE CHIEF by Daily News (Los Angeles, CA)
 
 
 
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