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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.
A corrective deed is valid without any additional consideration. Acceptance by the grantee of a corrective deed is admission of the error found in the original deed.
Steps to fixing an incorrect deed Determine if the error is harmless or fatal to the transfer of title. Decide what instrument is best suited to the error. Draft a corrective deed, affidavit, or new deed. Obtain the original signature(s) of the Grantor(s). Re-execute the deed with proper notarization and witnessing.
The quitclaim deed, also called a non-warranty deed, offers the grantee the least amount of protection. This type of deed conveys whatever interest the grantor currently has in the property?if any. No warranties or promises regarding the quality of the title are made.
A corrective deed has execution requirements just like any deed. It must be signed by the original grantor with witnesses and re-acknowledged.