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Save Quitclaim Bill Of Sale Form in PNG

Save Quitclaim Bill Of Sale Form in PNG

Aug 6th, 2022

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How to Save Quitclaim Bill Of Sale Form in PNG

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In this video, attorney Robert Less discusses the risks associated with purchasing property through a quitclaim deed. Unlike a warranty deed, a quitclaim deed only transfers the seller's existing interest in the property, which may carry existing liens, placing the buyer at significant risk. Quitclaim deeds are often used in divorce settlements, where one spouse transfers their interest to the other, or when parents pass property to their children. They are also utilized when a member of a limited liability company transfers their ownership share in a property. The video emphasizes the importance of understanding these risks before proceeding with a quitclaim deed.

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