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  • Me Quitclaim Deed Without Covenant 2022

Get Me Quitclaim Deed Without Covenant 2022-2025

Me: Address: MAINE QUITCLAIM DEED WITHOUT COVENANT STATE OF MAINE COUNTY KNOW ALL MEN BY THESE PRESENTS, that for and in consideration of the sum of ($ ) in hand paid to , a , residing at (hereinafter known.

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Quitclaim deeds do not contain any implied warranties or covenants. Under a quitclaim deed, the grantor simply transfers its whole interest in the described real estate, but makes no covenant or representation that the grantor in fact has any interest in the subject property.

Quitclaim deeds typically are not used in situations where the property involved has an outstanding mortgage. After all, it would be difficult for many grantors to pay off a mortgage without proceeds from the sale of the property. In some instances, however, quitclaim deeds are used when the grantor has a mortgage.

Covenant of Seisin: The grantor warrants they own the property and has the legal right to convey it. Covenant Against Encumbrances: The grantor warrants that the property is free of liens or encumbrances, except as specifically stated in the deed.

A quitclaim deed is a particular type of property deed. It does not contain any warranties or covenants like the 'Covenant of Seisin', 'Covenant against encumbrances' or the 'Covenant of quiet enjoyment'. Instead, a quitclaim deed only transfers any ownership interest the grantor may have in the property.

The deed must be signed by the party or parties making the conveyance or grant; and 7. It must be delivered and accepted. Contrary to the law and established custom in other states, the expression “to have and to hold” (called the “habendum clause” of a deed) is not necessary, nor are witnesses or seal required.

Quitclaim deeds are usually best suited for the following situations. Transferring Property Between Family Members. ... Adding A Spouse's Name To A Deed. ... Transferring Property Between Spouses During A Divorce. ... Removing A Name From Your Mortgage And Deed. ... Transferring Property Interest To A Business Partner.

A Quitclaim Deed Affects Ownership and the Name on the Deed, Not the Mortgage. Quitclaim deeds typically are not used in situations where the property involved has an outstanding mortgage.

What are the Disadvantages of a Quit Claim Deed? No Protections For The Transaction: Unlike warranty deeds, a quitclaim deeds does not offer protections for the new property owner. There is no way to guarantee that the property is owned free and clear, and that there are no easements or restrictions.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Content Takedown Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232