This form is a Quitclaim Deed, without Quitclaim Warranties, where the Grantors are three Individuals and the Grantee Trust. Grantors convey and quitclaim the described property to Grantee. This deed complies with all state statutory laws.
Quitclaim Deed With Mortgage
Category:
State:
Massachusetts
Control #:
MA-025-77
Format:
Word;
Rich Text
Instant download
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Quitclaim deeds are a quick way to transfer interest in real estate. The following information will help you decide if a quitclaim deed is right for you.To start, you'll fill out a form for a quitclaim deed. It is important to note that a quitclaim deed has no effect on a mortgage. "Quitclaims to" shows a purposeful reason to transfer interest in the property. Does anyone have any experience with executing a quitclaim deed subject to an existing mortgage? If the lack of protection in a quitclaim deed worries you in terms of mortgage payments, consider filing a different type of deed. Because a quitclaim deed only releases a person's interests in a property, it leaves a mortgage alone. Because a quitclaim deed only releases a person's interests in a property, it leaves a mortgage alone. A quitclaim deed is a document in which a grantor disclaims all interest in a parcel of real property and then conveys that interest to a grantee.