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Commonly Asked Questions about Quitclaim Deed Procedures

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.
What is a quitclaim deed? A quitclaim deed is a legal document used to transfer real estate ownership. It is an instrument that allows one party (the grantor) to give up or relinquish all their right, title, and interest in a particular piece of real estate to another party (the grantee).
To reverse it, you typically need the cooperation of the grantee (the person who received the property). First, try communicating with the grantee about your intention to reclaim the property. If they agree, you can execute a new deed to transfer the property back to you.
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.
In which of the following situations could a quitclaim deed NOT be used? c. The answer is to warrant that a title is valid. The quitclaim deed carries no covenants or warranties.
Its usually a very straightforward transaction, but its possible for a quitclaim deed to be challenged. If a quitclaim deed is challenged in court, the issue becomes whether the property was legally transferred and if the grantor had the legal right to transfer the property.
A quitclaim deed does not expire because it permanently transfers ownership from one party to another. That being said, the new deed must be filed with the county clerks office to record the official transfer.