quitclaim


Also found in: Dictionary, Thesaurus, Legal, Financial, Wikipedia.

quitclaim:

see deeddeed,
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 quitclaim (i.e.
..... Click the link for more information.
.

quitclaim

[′kwit‚klām]
(mining engineering)
Legal release of a claim, right, title, or interest by one person or estate to another.
Mentioned in ?
References in periodicals archive ?
Here's the $64,000 question: Which came first, the recording of the quitclaim deed conveying her interest in the property to you or the recording of the Memorandum of Judgment?
Quitclaim deeds are typically used to transfer property between people who are familiar with one another and who have an established, trusted relationship.
containing some basic warranty deed language, quitclaim deeds printed on
Scott Haislet discusses taxes and quitclaim deeds in June 25 article on Time magazine's Money website .
Also, certain General Services Administration (GSA) sales of USAR real property assets have had lag times over a year between finalized sales and the receipt of disposal documents such as quitclaim deeds.
the Old North State should simply sell the equivalent of a quitclaim,
But they are named as spouses in a new uncovered quitclaim deed, which is a legal instrument by which the owner of a piece of real property, called the grantor, transfers his or her interest to a recipient, called the grantee, the Daily Mail reported.
According to the returned search warrant, investigators found blank wills and quitclaim deeds; wills, durable powers of attorney and other documents pertaining to three residents or their estates; booklets related to estate planning; a CD and floppy disk; and sets of business cards.
The name appearing as the debtor on the UCC financing statement, deed of trust, grant deed, mortgage, easement, quitclaim deed or other instruments or filings, aggregate all knowledge accumulated by the financial institutions to guarantee dead-on accuracy in the documents.
Fast-forward 30 months, the time law enforcement caught up with the scammer, he "owned" numerous houses and had up to 15 people buying houses and quitclaiming, or signing quitclaim deeds to transfer any interest in the properties to him.
Finally, in an excellent piece of primary source analysis and contextualization, any future biographer of Geoffrey Chaucer needs to read Green's revisiting of the quitclaim between Chaucer and Cecily Champain.
In this scenario, the buyer executes a contract for purchase and convinces seller to quitclaim the title to buyer prior to closing.