Legal Forms for Quitclaims

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Commonly Asked Questions about Legal Forms for Quitclaims

Required documents What documents do I need for a quitclaim deed?

A quitclaim deed functions as a legal transfer of interest in a property from a grantor to a grantee. It entitles the grantee to the interest the grantor had prior to waiving their rights to the property, but it does not guarantee valid interest or a title that is free of issues or other interest.

What are the disadvantages of a quit claim deed?

Quitclaim deeds lack certain protections and promises found in other types of deed to real property. Because of this, they should only be used under certain circumstances. These include transferring real estate between close family membersfor instance, from a parent to a child.

What is another name for a quit claim deed?

There are three different types of deeds: general warranty, special warranty, and quitclaim, which is also referred to as quit claim deeds or even the common mistake quick claim, a nod to the expediency of the quitclaim deed. All three types of deeds confer property title.

Can I prepare my own quit claim deed in Florida?

While its technically possible for property owners to draft a quitclaim deed themselves, attempting to do so on behalf of someone else without the necessary qualifications, including title companies and non-lawyer services, can very likely be deemed an unauthorized practice of the law.

How much does a quitclaim deed cost in Maryland?

How much is a quit claim deed in MD? For a flat fee of $240 - $250 in most cases (plus governmental recording fees) the firm can in most circumstances have an attorney prepared deed ready for signature in 2-4 business days.